The phrase is meant to stress the importance of conducting regular research on individual stock picks and investment decisions. Instead, investors need to actively stay informed about their holdings by spending at least one hour a week researching each stock position in their portfolio. In Cramer's view, people who take a passive investing approach are asking for trouble. He believes investors must be prepared to make strategic decisions and react to market changes or unexpected fluctuations in stock prices. This is where his "buy and homework" strategy comes in.
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I have written before about my thoughts on homework. At least for elementary schoolers, and possibly even for middle schoolers. I can see the benefits of homework for high schoolers. Reading literature, working on calculus problems, and writing up science experiments seem like worthy ways to spend time for the high school set. In talking to a colleague the other day who shared my opinion , I tried to come up with a few guidelines for when I think homework might be appropriate for kids. This is what I think from the perspective of a psychologist:.
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