Monday, December 02, 2024 4:59:24 PM
" At the peak of the internet bubble, our stock price peaks at $133...and after the internet bubble burst open, our stock went down to $6."
From $113 to $6 in less than a year...Our annual shareholders meeting that year started with a one-word sentence. And that one-word sentence was the word: "Ouch" The stock is not he company, and the company is not the stock, and so I watched the stock fall from $113 to $6, I also was watching all our internal business metrics, "number of customers", "profit per unit", everything you can imagine, "defects", etcetera."
As the famed investor Benjamin Graham said, "In the short term, the stock market is a voting machine: in the long term, it's a weighing machine."
All quotes are from the book VALUE INVESTING Unlocking the Secrets of Long-Term Wealth Creation by Jacques D. Kahn
Recent CRTG News
- Form 8-K - Current report • Edgar (US Regulatory) • 05/31/2025 01:56:54 AM
Eco Science Solutions Integrates IDScan.net's DIVE Into Herbo Pay to Power Identity Verification, Compliance, and Fraud Prevention • ESSI • Mar 27, 2026 12:01 PM
The Crypto Company Acquires FRAME Blockchain's Technology, An "Interstate Highway" Liquidity Layer for Crypto Commerce • CRCW • Mar 26, 2026 12:28 PM
Resilient Energy Inc. Enters LOI Negtiations for Second Acquisition; First Acquisition Nears Closing • RENI • Mar 26, 2026 10:30 AM
Alliance Creative Group (ACGX) Releases 2025 Annual Financial and Disclosure Report • ACGX • Mar 26, 2026 8:30 AM
Isiah Enterprises Activates Scalable Materials Platform Targeting $900B+ Global Market Opportunity; Initiates Strategic Partner Alignment Phase • OWPC • Mar 25, 2026 9:07 AM
ECGI Signs Definitive $25 Million Agreement to Acquire RezyFi • ECGI • Mar 24, 2026 8:30 AM
