The Markets Have Moved On (BusinessWeek)

Roben Farzad’s article at BusinessWeek the other day about investors being better off sitting tight than reenacting the Stock Market Civil War day after day was a good read.

Your boy has a quote in it:

Indeed, on that total-return basis, including reinvested dividends, the S&P 500 set new all-time highs last year. As Josh Brown, the tweet-happy “Reformed Broker,” succinctly put it: “And Then We Erased 2008.” The hardened Long Islander offered rare, tender handholding: “At a certain point,” he wrote, “it’s okay to stop licking one’s wounds and reliving the horrors of the past—while retaining the lessons learned and the wisdom hard-earned through experience. Move on, the markets have.” (Here are Brown’s lessons from 2012.)

Read it all here…

Source:

Five Brutal Years Teach Investors to Sit Tight (Businessweek)

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Escaping the Fear Factory (TRB)