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Robert Olstein: 10 Tenets We Live By

September 12, 2005

Robert Olstein is celebrating the 10th anniversary for his Olstein Financial Alert Fund. He has good reason to celebrate because his fund has returned 323% over the last decade, while the S&P500 gained 140%. He discussed the ten most important tenets of his investment philosophy, which he believes differentiate him from the others: there is a high correlation between long-term performance and error avoidance; Risk is more than the volatility of the stock; The three most important factors to consider when purchasing stocks are: PRICE, PRICE, PRICE.

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