During my eighty-seven years, I have witnessed a whole succession of technological revolutions. But none of them has done away with the need for character in the individual or the ability to think.”
November 18, 2015
The investment world offers a choice between two different investment approaches. However, one has to be aware of what the choices are. Each has a time when it is the appropriate style. The first is a “top down” process based on macro events. It is the process virtually every professional money manager uses. The second is micro. Micro...