Thursday, September 8, 2011

Stay Disciplined, Not Overconfident

Below is a video from this morning's Wall Street Journal Online about lessons learned from the market crash of 2008, and here is a link to the accompanying article.  

Please note that I have never heard of Michael Cuggino or the Permanent Fund, but I think his comments about investor disciple and avoiding overconfidence, both positive and negative, are very relevant in the current economic and market climates.