Patience – Quote of the Day

by | May 15, 2020 | Educational | 0 comments

“Patience is sometimes the hardest part of using the value approach. When I find a stock that sells for 50 percent of what I have determined it is worth, my job is basically done. Now, it is up to the stock. It may move up toward its real worth today, next week, or next year. It may trade sideways for five years and then quadruple in price. There is simply no way to know when a particular stock will appreciate.”

-Christopher H. Browne

Quote from Investment Wisdom

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About Mariusz Skonieczny

Mariusz Skonieczny is the founder of Classic Value Investors.