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by rib3ye 444 days ago
It's not timing.

His principal is simple: Buy priced fairly or underpriced businesses. Sell overpriced businesses.

The not simple part: Using 80 years of business experience to assess strengths and risks to an enterprise, and not FOMOing into something. He would say, he doesn't buy stocks, he buys businesses. How many people buying stocks have even opened a 10K?

One of the few shining examples of investor vs trader mindset.