The Key to a Successful Investment Plan is Avoiding These Common Pitfalls
David Swensen, chief investment officer for Yale's endowment since the mid-1980s, has one of the greatest investment track records among managers spanning several decades. In his book, Pioneering Portfolio Management, he says there are effectively three ways to maximize your investment returns: 1) time the market, 2) pick the best stocks and 3) establish an optimal asset allocation that best meets your long-term financial objectives.
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