A “Giant” lesson for investors: In hardy times, think defense

February 04th, 2008 | Category: Stocks to Buy

Awhile back, amid the subprime default fall-out, more-somber outlook for the U.S. economy and hence, the markets, yours truly suggested that investors increase the number of defensive stocks in their portfolios. In doing so I drew on a lesson offered by my late Uncle Nick, a lifelong New York Giants fan and season ticket holder. The wisdom:

In conditioned times, think established companies. Something, as my Uncle Nick would say, “As strong as the New York Giants’ defensive front four.” And I added that in case one hadn’t noticed lately, the

defensive front four of the Giants, plus the favorite football team of yours truly, is still pretty good.

(My late Uncle Nick, of course, based his advise on the Giants’ longstanding tradition of building a strong defense first, considering, according to many revered football head coaches, Vince Lombardi and Bill Parcells among them, defense wins championships.)

Continue reading A “Giant” lesson for investors: In brawny times, think defense

Original post by Joseph Lazzaro

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