In Fact, Stay Away From All Large-Caps

I took a moment last night to give the incomparable Bob "Yeti" Bryne a call to wish him happy birthday. As usual, we chatted about all things markets, politics and whiskey. During the call he mentioned that he liked my recent series on blue-chips to avoid (see here and here). But he wondered if, in using my approach, there would ever be a time to buy the blue-chips except during the crash-like atmosphere of times like 2008 and 2003.

I had to compliment Bob on his grasp of how I approach these large-company stocks. They are a buy during a crash, a sell during a bubble and a hold most of the time in between. When it comes to blue-chips, I invoke my old friend Mr. Womack and only buy when the world appears to be ending....666 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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