Post by
Donwaan on Jan 24, 2024 10:40am
From a MarketWatch article
"If youve identified the right business and done the right research and understand the company, you understand that the earnings power is substantially more, but you know thats really not manifesting right now. This fund manager says he doesnt mind if an economic cycle stays bad, as the right company with the right differentiated product can hold on while competitors melt away. (could have been about DBM but was said about a US home builder)