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December 2006

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Vindication at the polls?

December 30, 2006 – Comments (0)

As I sit here writing my first "Blog", I have a rather unimpressive 5.89 Player rating. I am heartened by the famous quote that "In the short run, the market is a voting machine, but in the long run it is a weighing machine". I have personally seen this in my "real" investing strategy. It seems like every "wise" investment I have ever made seems foolish shortly after I make it - because I like undervalued stocks - that's my "style", if you will. But stocks are undervalued for a reason - they are not "popular". And just like the nerd in High School who goes own to own a technology company and make millions, this path to fortune often takes time, and a lot of "grit".   [more]

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