GREY:ISOLF - Post by User
Post by
Metalmindon Jan 22, 2018 5:48pm
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Post# 27411308
Go have a drink! Better things to come!
Go have a drink! Better things to come! "Sometimes buying early on the way down looks like being wrong, but it isn't."
-- Seth Klarman
Buying early and on the way down is not always easy, though. Studies have shown that a drop in prices hurts twice as much as an equal gain in prices improves your sentiment. But if we understand how a business works and why it has a long-term competitive advantage, then buying more at lower prices can pay off handsomely.