Since the board is quiet, here is a short article with some useful advice.
Stanley Druckenmiller makes a few interesting points, including a specific piece of advice for novice investors. But advice that serves as a good reminder to any investor in these more challenging times
- While keeping current with stocks is helpful, it should not be the focus of long term investors
- His advice is to “imagine where the stock should be 18 - 24 months out, and whether that is reflected in the price”
- Fits with valuation models since the present value should be a reflection of a company’s future cash flows