The Seven Immutable Laws of Investing

The Seven Immutable Laws of Investing - James Montier

The Seven Immutable Laws of Investing – James Montier

  1. Always insist on a margin of safety
  2. This time is never different
  3. Be patient and wait for the fat pitch
  4. Be contrarian
  5. Risk is the permanent loss of capital, never a number
  6. Be leery of leverage
  7. Never invest in something you don’t understand
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