Here are links to eleven investing lessons from Larry Swedroe.
Lessons 1 – 3: Read and enjoy these lessons. Obviously, we are testing lesson #1 with the Dual Momentum and LRPC-BHS models. Both the Schrodinger and Weisskopf portfolios follow all eleven rules or lessons more closely that the other fourteen (14) portfolios. Portfolios managed by HeadHunter also go against a number of these lessons.
Lessons 4 – 7: Lesson #4 is one that we consider inside the Kipling spreadsheet. Number 6 is also a lesson we understand and work with inside the various momentum models. Lesson #5 is worth a closer look.
Lessons 8 – 11: Check out lesson #9 as we counter this problem with the Kipling. At least that is the plan.
There is one basic lesson not listed and that is the lesson to save more and live on less. Check out the Golden Rule of Investing.
Another thing missing in Swedroe’s lessons is that he is several lessons short of teaching the individual how to capitalize on the lessons. That is the mission of ITA Wealth Management.