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Strategies & Market Trends : Value Investing

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Lance Bredvold
To: ekimaa who wrote (65030)10/4/2020 2:21:52 PM
From: petal1 Recommendation  Read Replies (1) of 78794
 
< "The market can be wrong longer than I can be right." >

That’s interesting! I am of the opposite opinion! I’ve been thinking a lot about that Keynes quote – ”the market can remain irrational longer than you can remain solvent”. That may be, if your shorting. Otherwise I would say ”I can remain rational longer than the market can remain irrational” – or: "I can be right longer than the market can be wrong." (Sounds a little cocky though, doesn't it...)

So I disagree completely; but then again, I am yet to put my words into practise for even 5,5 yrs...

Good fortune
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