In this Dimensional Story, Nobel laureate Bob Merton relays his childhood love of magic shows. He relates the illusion behind magic shows to investing and explains how investors can avoid a lot of trouble by accepting that if it looks too good to be true, it’s probably not true.
Investing 101
David Booth on Value and Values
History shows that you can’t time stock returns.To capture the market’s historical premiums, you have to be patient.