In his book The Intelligent Investor, Benjamin Graham asked readers to imagine they are in business with a person named Mr. Market. This person is constantly offering to buy or sell shares, and because they suffer from a mood disorder, the only consistent thing about these offers is their extreme prices.

That means sometimes the price is far too high, and sometimes it’s far too low. Investors should remain patient and stick to their plans no matter what, but it’s not easy. This page collects some of the best advice we’ve found on how to do it.

Holiday Colors

Investment professionals and financial commentators are not immune.
Read More

Who Is Passive?

Which strategy would you call active versus passive?
Read More

Why We Don’t Make Forecasts

How many times did the Wall Street consensus predict a market drop? "A spectacular zero."
Read More

The Normal

Normal is the market going up and down in a manner that can be unnerving over short-term periods.
Read More

Say It Ain’t So, Joe

For many of us who have been in the industry for many years, the evidence is hard to take.
Read More

How Should You Invest Now?

We want to understand what's happening around us. But what else are we doing? Sticking to our plans.
Read More