We've all watched the hollow shells rise to meteoric heights while 'the Little Engine That Could' shrinks into near oblivion on the charts....
The wise investor knows; 'Time is the friend of the wonderful company, the enemy of the mediocre.';
"For some reason people take their cues from price action rather than from values. Price is what you pay. Value is what you get."
Warren Buffett
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“It takes remarkable patience to hold on to a stock in a company that excites you, but which everybody else seems to ignore. You begin to think everybody else is right and you are wrong. But where the fundamentals are promising, patience is often rewarded—Lukens stock went up sixfold in the fifteenth year, American Greetings was a sixbagger in six years, Angelica a sevenbagger in four, Brunswick a sixbagger in five, and SmithKline a threebagger in two.”
Peter Lynch.
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