Monday, February 5, 2007

Buy and hold strategy with low portfolio turnover

Emerging markets
By Mark Mobius
Financial Times

When you have a very optimistic situation the bull market can continue for quite some time so it is dangerous to predict what will happen in the short term.


One thing is clear; bull markets always end in bear markets. However, the good news is that bull markets last longer than bear markets and bull markets go up in percentage terms more than bear markets go down.


We subscribe to a buy and hold strategy with low portfolio turnover. We sell when the stock reaches our sell limit determined by our team of analysts.

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