UPDATE: 5 traits 'Superinvestors' have in common
UPDATE: Millennials are making the same dumb investing mistakes their parents did
UPDATE: 5 things 'Superinvestors' have in common
These funds follow the Oracle of Omaha in buying and holding quality businesses.
Look for good fundamentals, not hot streaks.
Some readers employ performance-based rules, while others focus on fund and portfolio fundamentals.
It captures what backward-looking metrics can't.
Pay active management fees only for truly active management.
There's steep price for no growth in these portfolios.
Keep an open mind and a closed wallet.