オニール: 安全な株など存在しない
O’Neil is dismantling the most expensive comfort in the market — the belief that a great business makes a great stock immune. It doesn’t. The best…
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Market: sp500
ギル・モラレス: 素早い者と死んだ者
Morales borrows a hard old phrase to make a survival point. Fast markets don’t wait for you to feel comfortable. When a position breaks down, the…
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ニコラス・ダーバス: 一匹狼であれ、群れに紛れる子羊ではなく
Darvas’s worst stretches came precisely when he stopped trusting his own system and started milling around with the excited herd, trading on tips and…
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リバモア: テープには逆らわない
Livermore learned this the expensive way, after blowing up holding positions because he was sure the market was “wrong.” It never was. The tape is…
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オニール: 高すぎると思われるものは、たいていさらに上がる
O’Neil calls this the great paradox because it runs against everything our bargain-hunting instinct wants. Strength tends to beget strength. A stock…
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