An investment strategy represents the overall plan of action by which an investor seeks to profit from his or her financial assets.
The driving force of Warren Buffett’s investment strategy is the rational allocation of capital… determining how to allocate one’s savings is the most important decision an investor will make. Rationality – displaying rational thinking when making that choice – is the quality Buffett most admires. Despite its underlying vagaries, there is a line of reason that permeates the financial markets. Buffett’s success is a result of locating that line of reason and never deviating from its path.
(His) success is as much a result of eliminating those things you can get wrong… as it is about getting things right, which are few and simple (valuing a business and paying a price for the business that is below its intrinsic value).
Robert G. Hagstrom, The Essential Buffett
The global macro approach to investing attempts to generate outsized positive returns by making leveraged bets on price movements in equity, currency, interest rate, and commodity markets. The macro part of the name derives from manager’s attempts to use macroeconomic principles to identify dislocations in asset prices, while the global part suggests that such dislocations are sought anywhere in the world.
Joseph G. Nicholas, Inside the House of Money, edited by Steven Drobny.
The reason CAN SLIM continues to work cycle after cycle is that it’s based solely on the reality of how the stock market actually works rather than on our personal opinion or anyone else’s, including Wall Street’s. Furthermore, human nature at work in the market simply doesn’t change. So CAN SLIM does not get outmoded as fads, fashions and economic cycles come and go.
William J. O’Neil, How to Make Money in Stocks