Investor Or Speculator? How You Respond To News Tells The Tale

This is a special guest post by Robert R. Johnson, Ph.D., CFA, CAIA . He is a full professor of finance at the Heider College of Business at Creighton University and a director of RS Investment Management. He formerly served as the Deputy CEO of CFA Institute and was responsible for many facets of the organization – most notably, the venerable CFA Program.  He is co-author of a recently published Wiley book entitled Investment Banking for Dummies. He also recently co-authored a McGraw-Hill book titled Strategic Value Investing: Practical Techniques of Leading Value Investors. The book examines many different formulations of value and shows how leading value investors ply their trade.  Bob...