The Australian Financial Review is the bastion of an active approach towards investing. They fill their newspapers, magazines and online content with information attempting to predict the mood and future movement of the market. Those of you who are aware of our philosophy to investing will know that we are streets apart from this approach.
This being said, I was very please to read Nicole Pedersen-McKinnon's editorial comments for the latest edition of the Financial Review's Smart Investor magazine. In her comments she has included a very succinct approach to investing:
I believe Nicole's comments are right on the money, especially at a time when there could be a lot of pressure to be trying to "time" the market.