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Audio: Stay the course, focused on big picture, to avoid market noise

2007-12-03 14:31:16

Ron Muhlenkamp, manager of the Muhlenkamp fund, said that even the best investors will have times where the markets make them look dumb, and that the key to having long-term success is to stay the course and be prepared for when the market again favors their style. In a radio interview, Muhlenkamp - author of the new book "Ron's Road to Wealth" - discussed the important of ignoring the short term and focusing on the big picture, and noted that despite market turmoil right now, "the big picture looks good."

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