CDB 0.00% 0.9¢ condor blanco mines limited

10m funding cash should be in anytime?, page-41

  1. 2,107 Posts.
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    Good read.....Excerpts from the article below!!
    http://www.zentrader.ca/blog/?p=20901

    "....
    .....
    There is a reason private equity is consistently one of the highest performing asset classes. Investors buy businesses when condition in the economy, or a specify sector, are not very good and they can buy a business at a bargain price. Investors hold them for a full business cycle or two and sell them in five years or so at a huge gain when conditions have improved substantially.

    Investors could care less about the ticker tape or the candlestick pattern of a portfolio company and focus only on the business value. This is exactly the approach individual investors need to use to make money in the stock market.

    Price and patience is the key to stock market profits. Buy businesses at a cheap stock price and hold them until they are no longer cheap. Ignore the bells, patterns and noise coming from Wall Street.

    Your broker may not like it, but your accountant will."
 
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