O'Reilly logo

Excess Returns: A comparative study of the methods of the world's greatest investors by Frederik Vanhaverbeke

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER I

COMMON BUYING AND SELLING MISTAKES

“Inactivity strikes us as intelligent behaviour. We are quite content to hold any security indefinitely, so long as the prospective return on equity capital of the underlying business is satisfactory, management is competent and honest, and the market does not overvalue the business.”

WARREN BUFFETT (CUNNINGHAM, 2001-A)

IN THE PREVIOUS chapters I have discussed three important trading aspects of investing championed by top investors. First I explained how to trade different types of individual stocks. A second chapter was about general aspects of how to buy, hold and sell individual stocks. And finally, I looked into smart trading strategies over market cycles. All of these trading rules are pretty ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required