RE:RE:RE:RE:RE:I'm outI didn't copy that excerpt from the article to discuss what kind of companies he invests in. This is the part that I found most relevant, as many people did pay a premium for this stock, due to purchasing it "at times of extreme exuberance".
"The antidote to that kind of mistiming is for an investor to accumulate shares over a long period and never sell when the news is bad and stocks are well off their highs."