Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
February 17, 2010
Today we share with you yet another edition of "Frank Thoughts". In this edition, Frank recalls back to his days as an analyst at Lehman Brothers in the early 1980's when he covered K-Mart stock. At the time, discount retail stocks were out of favor but came storming back to perform exceptionally well during the ensuing bull market. ...