Our discipline and new commitments made during last year’s drawdown were rewarded this quarter.
A salesperson has an interest in selling you clothes. A close friend’s only real interest is what’s best for you.
Good money management isn’t just finding great investment ideas, but it’s also having a thoughtful approach for when to sell.
We aren’t selling stocks today. We’re buying more–because we trust our process and the drivers behind it.
While markets may continue to climb to new heights, they do so on the shaky foundation of high operating margins and above-average P/Es. And that’s a recipe for disaster.
By avoiding these pivotal mistakes, we can make great strides in becoming good financial stewards.
Of these two companies, Amazon and WESCO, which would you rather own at today’s prices?