Comments on: Portfolio Update come Investing Philosophy http://www.fusioninvesting.com/2009/03/portfolio-update-come-investing-philosophy/ Fusing Fundamental and Technical Analysis with lashings of Behavioural Finance. Investing in Australia and North America. Thu, 02 Feb 2012 06:57:27 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Dean Morel http://www.fusioninvesting.com/2009/03/portfolio-update-come-investing-philosophy/comment-page-1/#comment-1639 Dean Morel Sat, 27 Feb 2010 00:47:39 +0000 http://www.fusioninvesting.com/?p=1198#comment-1639 Thanks for sharing BuffettFan. I agree investing directly can be a full time job. It has been for me for the last five years. All great advice, though I disagree with number four. When choosing an active fund the cost should be of little consequence. Past performance and pedigree of the manager should be the main consideration. Their experience, age, style, track record and so on. I hope you stick around and share your experiences. If you feel like writing an article on your investing lessons learnt I love to publish it. Regards - Dean Thanks for sharing BuffettFan. I agree investing directly can be a full time job. It has been for me for the last five years. All great advice, though I disagree with number four. When choosing an active fund the cost should be of little consequence. Past performance and pedigree of the manager should be the main consideration. Their experience, age, style, track record and so on.

I hope you stick around and share your experiences. If you feel like writing an article on your investing lessons learnt I love to publish it.
Regards – Dean

]]> By: BuffettFan http://www.fusioninvesting.com/2009/03/portfolio-update-come-investing-philosophy/comment-page-1/#comment-1625 BuffettFan Wed, 24 Feb 2010 23:34:53 +0000 http://www.fusioninvesting.com/?p=1198#comment-1625 I haven't yet finished reading all of the above, but let me make one brief comment: After only a few decades of reading, thinking and making mistakes, I have jumped to the following investment conclusion: 1. The very best investment returns come from investing directly (mainly the top 300 Aussie stocks or the equivalent in your country) in the Buffett, Graham, Fisher et al manner. This is pretty much a full time job to do properly. 2. The next best is to build your own indexed fund 3. The next best is to use a public low cost indexed fund 4. The next best is to use an active low cost managed fund Nothing else is worth considering (assuming you are in this game to make money.....) I haven’t yet finished reading all of the above, but let me make one brief comment:
After only a few decades of reading, thinking and making mistakes, I have jumped to the following investment conclusion:

1. The very best investment returns come from investing directly (mainly the top 300 Aussie stocks or the equivalent in your country) in the Buffett, Graham, Fisher et al manner. This is pretty much a full time job to do properly.
2. The next best is to build your own indexed fund
3. The next best is to use a public low cost indexed fund
4. The next best is to use an active low cost managed fund

Nothing else is worth considering (assuming you are in this game to make money…..)

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