From Ken Little,
Your Guide to Stocks.
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We humans are creatures of habit, even when it comes to investing in stocks, which should be made by a logical decision process.

Yet, the truth is that many investors will stick with an investing pattern even if it isn’t working, just because it worked once before.

For example, if an investor was successful investing in small cap technology stocks, he might stick with that strategy even if that portion of the sector is stagnant while other areas are scoring well.

Stock Sectors

Not every sector or every company size is going to do well all the time. If you want opportunities, you must break old investing habits and look for bargains where they are.

My grandfather used to say, “Even a blind pig can find an acorn every once in awhile.”

His point was if you shouldn’t hope to bump into an opportunity.

If your favorite stock sector is not going anywhere (maybe it is way overpriced), look for new opportunities.

One of the definitions of insanity is to keep repeating the same behavior and expect different results.

Investing in Stocks

The same can be said for investing in stocks. Don’t get stuck in a rut of repeating a strategy that isn’t working.

Move on to other opportunities, because the stock market always has another deal to offer investors willing to work for it.