Going long

Definition:

The investor's purchase of a security for investment or speculation that the price will rise resulting in a profit once the security is sold. See: long position. Antithesis of going short.

Investing Essentials


Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Tactical Asset Allocation (TAA)

Portfolio strategy that allows active departures from the normal asset mix according to specified objective measures of value. Often called active management. It involves forecasting asset returns... Read More

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