Wednesday, 2 July 2014

Avoid constantly tracking stock prices

Buffett’s style of investing is that once you have bought an asset, you should not be worried about its price every day.

This is what normally happens in real estate investments. People don’t go out to buy and sell every day.

However in the stock market, since prices are available on a real-time basis, there is temptation among investors to do something which should be avoided.

Says Buffet: “If you can enjoy Saturdays and Sundays without looking at stock prices, give it a try on weekdays.”