Pyramid Investing

Relativity of investment success in 2011

Investment accounts of most pyramid investors have finished this year with large draw-downs. Last four months were especially brutal. In such circumstances, it is hard to claim success or at least, the success is far from obvious.

Considering our emotions and sentiment about dollar valuation of our accounts, there is little room for celebration. We feel as prisoners in investment gulag. Few have remained with hope about ever [...]

Continue reading: 2011 – Year of Investment Gulag; 2012 – Year of Crises & Surprises