Last Updated：2025/11/30
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Many portfolio managers still live by the proverb buy when it snows, sell when it goes, increasing equity positions from November through April and trimming them from May through October.
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Many portfolio managers still live by the proverb buy when it snows, sell when it goes, increasing equity positions from November through April and trimming them from May through October.
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Related words
buy when it snows, sell when it goes
Proverb
Canada
Northern
US
(business,
stock
market,
chiefly
northern
US
and
Canada)
Stock
market
securities
can
be
expected
to
increase
in
value
to
a
greater
degree
in
the
cold
winter
months
from
November
through
April
than
in
the
warm
months
from
May
through
October,
and
profit-minded
investors
should
manage
their
portfolios
accordingly.
Japanese Meaning
寒い冬の間（11月〜4月）は株式の価値が上昇し、暖かい時期よりも利益が見込めるため、安く買い、高く売るべきという株式投資の格言。 / 主に北部米国・カナダで使われる諺で、冬季に株を購入し、気温が上がる暖かい月に売却する戦略を示している。
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