“If a business does well, the stock eventually follows.”
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Time is the friend of the wonderful company, the enemy of the mediocre.
Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.
Americans are in a cycle of fear which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time.
We believe that according the name 'investors' to institutions that trade actively is like calling someone who repeatedly engages in one-night stands a 'romantic.'
