23 "common sense" investing rules from the Skeptical Capitalist

The world is round and the place which may seem like the end may also be only the beginning." -- Ivy Baker Priest

We have only a few days left in this round of Strategy Lab, and while my portfolio return has been fluctuating around the double-digit range for the past several months, it has also been solidly beating all the indexes pretty much from the beginning. All in all, I am extremely happy not only with how well my strategy has performed but also with how enjoyable the experience has been.

I can't stress enough how fortunate I feel to have been able to share my investing ideas in the Lab over the past six months. Given the positive feedback from readers, I think I've done reasonably well. I've also enjoyed competing against the Lab's pros, and thus my personal thanks go to all of my colleagues, whose posts I've enjoyed reading.

For my last article in this round, I want to summarize some of the core principles I've outlined in the various articles throughout this contest. Take them for what they are.

Opinions are suited only for this particular strategy and are not a silver bullet. Successful investing requires flexibility at all times and acceptance that no one is always right.

Get his 23 tips to successful investing when you continue reading.

by The Freshman |  07/25/08