Ted Aronson on staying the course with stock and bond investments

For good reasons and bad, I’d hold tight. The good include my faith in capitalism and its ability to weather a storm, even one of biblical proportions. The bad reason is, I have no faith in my ability to time this sort of thing. Even if I got out in time, I probably wouldn’t be able to correctly time getting back in!

I remain a broken record. The song remains the same. I am sticking to it. Successful investing includes taking risk (where bonds clearly fall today, I admit), diversifying and keeping costs down.

~ Ted Aronson, head of AJO Partners with $22 billion under management, "Lazy Portfolio creators remain stock bulls," MarketWatch, Paul Farrell, June 22, 2013