Summary: invest in an index fund.
It was pretty cool of the Google v.p. to organize investment seminars. Also interesting to read their list of presenters--the Googleplex is definitely on another planet.
It was pretty cool of the Google v.p. to organize investment seminars. Also interesting to read their list of presenters--the Googleplex is definitely on another planet.
So I studied Buffett, Peter Lynch and few other well known investors strategies. It took me about 4-6 months tracking their histories and the reasons behind their decisions. From this I developed my own strategy based largely on Buffett's and its worked a treat. Generally getting about 15% growth a year.
But then I spend weekends looking at annual statements, reading investment forums and have even gone to the Annual General Meetings. For me its all fun.
I guess the Googlers may not have time for that but I believe it makes no sense buying stock of companies you can reasonably assume will perform badly for the next 5years or so (e.g. mortage companies!). Thats what you do when you buy an index fund. You get the good with the very bad.
http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/039332...
It's been touted for nearly 40 years.