By Justin J. Carbonneau In December, Barron’s had two good pieces on the legendary Fidelity fund manager, Peter Lynch. Packed with Lynch-isms about successful long-term investing, active stock picking and opportunities into today’s market, the articles got the attention of lots of investors, and rightfully so since Lynch was one of the most successful mutual fund managers ever, retired at the top of his game, and left a long lasting mark on a generation of… Read More
Can a single page of a book change your investment life? We believe it can. Periodically, we highlight some of the Great Pages that have had a great impact on our investment philosophy. Today, we cheat just a bit, looking at two pages in James O’Shaughnessy’s classic “What Works on Wall Street”. O’Shaughnessy talks about why models are better at predicting outcomes than humans are.