By Peter Mustian & Eric Overbey
April 10, 2013
Long-term investors face constant challenges. Their emotional fortitude and their net worth are constantly being tested by the painful losses of market crises, as well as the ensuing allure of pleasurable profits. Perhaps no back-to-back calendar years in the last seven decades tested investors quite like the equity bear market of 2008 and the subsequent steep bull market (most of 2009).
Here are some of the enduring principles of investing that have recently come into sharp focus. We firmly believe that acting on these lessons is essential for successful long-term investors.
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