Investment strategy basics
Many private investors do not have a well thought through investment strategy, which is usually a big mistake.
If you were building a house you would probably have a written plan, checklists, guidelines, “to do” lists and much more. Investing should be no different, because the negative impact of a poorly constructed investment portfolio can be almost as great as a poorly constructed house.
The articles below will give you a high level overview of “defensive value investing”, as well as some insight into the investment philosophy upon which the strategy is built.