The key to great investing

All great investors have one thing in common: the “ability to clearly communicate their [investment] philosophy,” Michael Batnick, CFA, observed. Whether hedge fund managers, value investors, or index aficionados, the best investment professionals are great communicators. But great investors, no matter their investing styles, share one other quality: the discipline to adhere to their investment approach through various market cycles. Great investing is not simply a matter of identifying The Best™ investment strategy. In the 1990s, James O’Shaughnessy documented a variety of effective strategies in What Works on Wall Street. A number of approaches work, however, the key is not so much to find them, but to apply them with consistency. Read the full article for quotes on this subject from Howard Marks, Warren Buffett, and Jack Bogle: (VIEW LINK) (Source: CFA Institute)