“So how do you really understand and gain that great insight? Pick one business. Any business. And truly understand it. I tell my interns to work through this exercise – imagine a distant relative passes away and you find out that you have inherited 100% of a business they owned. What are you going toContinue reading “Investing thought”
“The absolute best buying opportunities come when asset holders are forced to sell, and in those crises they were present in large numbers” Howard Marks.