The Rule Maker and Rule Breaker portfolios are built around this principle. They provide the ground rules. You do the homework. They require discipline. Discipline, in turn, creates consistency.
Consistency helps investors avoid emotional investment decisions and stay the course.
This is my favorite piece of advice to pass on. It is so simple, yet so strategic. These periodicals should have different perspectives and do not have to be investment-based. They can be magazines, newspapers, newsletters, or even websites. The benefits are threefold.