Conviction is probably the most important thing in investing. Regardless of the investment strategy you utilize, the ability to stick with it during the challenging periods is required to achieve…
Tag: conviction
When Conviction Fails You
By Jack Forehand, CFA, CFP (@praticalquant) — I wrote an article last week that challenged some commonly held beliefs about dividend investing. When you take on dividends, you can expect…
The Balance Between Edge and Conviction
By Jack Forehand, CFA, CFP® (@practicalquant) — Developing an edge in the stock market has always been a significant challenge. The collective wisdom of the market is typically correct, and that leads…
Active Management's 'Genetic Defect'
“Active managers can produce persistent excess returns when it comes to their best ideas—but they only devote half of their capital to these investments,” according to a recent article in…