Originally Posted by
Excargodog
For your investment portfolio decision, do you think this is characteristic of a permanent problem that will affect the stock price several years down the road, or do you think it is a big speed bump now but once it is out of the way things will look better a few years down the road?
I am amazed how many investment people (even professionals) do not take the advice of Benjamin Graham in the book the Intelligent Investor.
In the short term, the markets are a voting machine. In the long term markets are a weighing machine.
Warren Buffett says his investment foundation is 85% Benjamin Graham and 15% Phillip Fisher. These investment greats wrote books decades ago, and they still are relevant today.