Post by
Allthewaydown on Oct 23, 2014 11:10am
The Zen of investing
Everything comes into equilibrium eventually. If the company makes profits than it will ultimately drift toward an accurate reflection of income, regardless of analysts' opinions, market idiosyncrasies, or anything else. Income = value. Watch current and future income expectations, and if they are good then we will do OK. Company has been doing everything right. So we are not getting instant reward - inconvenient, but there's worse things than holding an undervalued stock. If it persists to year end I will have the opportunity to accumulate. There is a HUGE benefit to a company that can be judged upon income rather than "blue sky potential'
Comment by
goldhappy on Oct 23, 2014 12:37pm
Good post althewaydown...if LSG keeps making money we will all share in the rewards one way or another. It could go the other way. That is why investing in stocks is a bit of a gamble. So far all is in the right direction...