Jim Tierney's sole mandate is to make money while stocks are going haywire. Here's his best advice for profiting during market crashes.

The $522 million AB Concentrated Growth Fund managed by Jim Tierney is in the 92nd percentile versus its peers over the past year, according to Bloomberg.

Avoiding emotional mistakes is essential to surviving as an institutional investor tasked with growing other people's money. It's even more crucial when investors like Tierney said his goal is not to hunt for companies that benefit from broader market upswings. His clients specifically buy his fund to profit from stocks that can grow no matter the macro environment, so any deviation from that mandate would come off as a change of mission. Also, he tries to avoid the trap of trendy stocks that do well in good times but crumble when market conditions change.

ایران آخرین اخبار, ایران سرفصلها

Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.

A stock picker who's dominating 92% of his peers breaks down his market-beating strategy — and reveals 5 stocks he loves, even as earnings growth dries upJim Tierney at AB invests in no more than 20 companies that hold the promise of growing profits even in an earnings recession.
منبع: BusinessInsider - 🏆 729. / 51 ادامه مطلب »

Jim O'Neill: Calling China an emerging market is 'sort of ridiculous'Jim O'Neill, former chief economist of Goldman Sachs, says the rise of the Chinese consumer will have a huge impact on the global economy as a whole.
منبع: CNBC - 🏆 12. / 72 ادامه مطلب »