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Investing for the Long Run: Lessons from Dave Gretta

Investing for the Long Run: Lessons from Dave Gretta

Update: 2023-05-19
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Join us for our interview with Dave Gretta, author of the book "Night Trading". Dave is a former accountant and now an investor and trader. In the interview we talk about his background in accounting and trading, his book, and his approach to investing. 

Dave emphasizes the importance of having a strong foundation in accounting and reading financial statements, and advises against leaving money in a bank account. Dave's approach to investing is grounded in common sense and a thorough analysis of the companies he invests in. He believes in investing in solid companies and looks at everything, including earnings, price-to-earnings ratio, price-to-sales ratio, and the balance sheet.

Dave recommends investing in solid companies with a focus on dividends and dividend growth stocks, as well as swing trading.

Dave also stresses the importance of being cautious in the current market conditions and paying attention to indicators such as the Warren Buffet indicator and the Schiller PE index. He emphasizes the need for investors to be consistent in their approach and not to sell stocks too quickly.

One of Dave's favorite principles is "buy what you know," and he extends it to "buy who you know." He believes in investing in companies with a strong balance sheet, earnings, and a stable payout ratio.

Investing is complex and requires education and a long-term perspective. By following Dave's principles of consistency, managing risk, and having the right mental attitude, investors can increase their chances of success and avoid common pitfalls.

Follow Dave on Twitter at @DGretta_Author. 

So, for those looking to invest in the market, take a page out of Dave Greta's book and focus on the long run with a common-sense approach. 

Learn how to make investing simple for anyone and get on a path toward wealth.

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Investing for the Long Run: Lessons from Dave Gretta

Investing for the Long Run: Lessons from Dave Gretta

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