A Little Reality Beats a Lot of 'Thesis'
We called it "thesis investing," and I hated it. That's right, when I ran my hedge fund, I always heard these big think-people on air and in print and at meetings talking about top-down economics and then shoe-horning stocks into their views from the top down.
Frankly, it rarely worked, and more importantly, when it went awry, it produced spectacular losses for anyone who attempted it....551 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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