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Are you rooting for the Red Sox or the Yankees? Do you like the Florida Gators or Georgia Bulldogs? "Star Wars" or "Star Trek"? Do you prefer the Beatles or the Rolling Stones?
We hear these kinds of arguments all time.
And if you thought the simple pursuit of profit was some kind of common denominator, well, we have these kinds of arguments in investing, too. "Are you a momentum investor or a value investor?" is a question I hear way too often.
It's depressing how the loudest, shrillest voices – obsessed with a fanatical need for purity – insist we take one side or the other, like two choices are all we've ever got.
It's stupid. It's horse hockey, frankly.
I don't care whether you're into momentum, value, or whether you're a closet indexer: If you keep an open mind and use the approach that'll make you the absolute maximum amount of money possible in a given situation, you'll enjoy returns that the value and momentum puritans out there can only dream about.
Leave the endless arguing for the fanatics. Let's go make some serious money…
About the Author
Tim Melvin is an unlikely investment expert by any measure. Raised in the "projects" of Baltimore by a single mother, he never attended college and started out as a door-to-door vacuum salesman. But he knew the real money was in the stock market, so he set sights on investing - and by sheer force of determination, he eventually became a financial advisor to millionaires. Today, after 30 years of managing money for some of the wealthiest people in the world, he draws on his experience to help investors find "unreasonably good" bargain stocks, multiply profits, and build their nest eggs. Tim tirelessly works to find overlooked "hidden gems" in the stock market, drawing on the research of legendary investors like Benjamin Graham, Walter Schloss, and Marty Whitman. He has written and lectured extensively on the markets, with work appearing on Benzinga, Real Money, Daily Speculations, and more. He has published several books in the "Little Book of" Investment Series and a "Junior Chamber Course" geared towards young adults that teaches Graham's principles and techniques to a new generation of investors. Today, he serves as the Special Situations Strategist at Money Morning and the editor of "Max Wealth" and Heatseekers.