I read this article on a Wall Street Journal blog this morning: Can you Sum Up Your Investing Philosophy in 10 Words? It's well worth a look. Here are a couple of my favorite 10 word or less investment philosophies:"Anything is possible, and the unexpected is inevitable. Proceed accordingly."– Jason Zweig, author of article
"Invest for the long term and ignore interim aggravation."– Charles D. Ellis, director, Greenwich Associates, and author,
“Winning the Loser’s Game”
"Do the math. Expect catastrophes. Whatever happens, stay the course."– William J. Bernstein, Efficient Frontier Advisors, and author,
“The Four Pillars of Investing”
And here is my entry:
"If it sounds too good to be true, it is."