Neanderthal Investing
Neanderthal man remained unchanged for around 500,000 years. Same huntung method. Unable to predict or recognise seasonal patterns.
If the food he was hunting ran out, he moved to another place where that food could be found. He did this instead of figuring out a way to hunt the available food.
I liken this to investing in the stockmrket in other countries.
Instead of learning other investing methods, you stick with what you know - buy and hold stocks - and try and find those stocks in other countries.
It would make more sense to learn a variety of investing methods. That way, if the stocks go down, instead of trying to find stocks to buy elsewhere, you change your investment mode.
Warren Buffet doesn't just buy stocks... sometimes he buys whole companies not listed on the stock exchange.
So while Buffet Wanabees seem to concentrate on and only buy stock, the man himself buys stock AND unlisted companies.
Granted, the stock he buys belong to Companies. And the stock is just the "market value" of the company. But still.
Also... wouldn't it make sense to buy when the market goes down down down? Wouldn't there be a lot of bargains to be had?
Michael Ross
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