Market Overview

Mebane Faber: Have an investment plan and stick to it

It's old advice, but sage advice: Have an investment plan, and stick to it.

Mebane Faber is the Chief Investment Officer at Cambria Asset Management, a Chartered Markets Technician and a Chartered Alternative Investment Analyst. He also writes about the markets regularly on his World Beta Blog.

In his experience, the No. 1 mistake investors make is failing to have an investment process, at all, and/or not adhering to their process. Failure to follow rules is what leads to panic selling at market bottoms and stock chasing at market tops.

You can check out my full interview with him below:

 

 

 

Covestor Ltd. is a registered investment advisor. Covestor licenses investment strategies from its Model Managers to establish investment models. The commentary here is provided as general and impersonal information and should not be construed as recommendations or advice. Information from Model Managers and third-party sources deemed to be reliable but not guaranteed. Past performance is no guarantee of future results. Transaction histories for Covestor models available upon request. Additional important disclosures available at http://site.covestor.com/help/disclosures. For information about Covestor and its services, go to http://covestor.com or contact Covestor Client Services at (866) 825-3005, x703.

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Markets

 

Related Articles

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters