Dot balls in investing

When there is nothing to do, do nothing. This is true in Test Cricket, Baseball, Investing and Business. It’s important to be patient and wait for the right opportunity rather than swing after suboptimal opportunities.

98-2

There is this old joke. A home owner had a leaky pipe in house and called the plumber to fix it. The plumber came, took a while to inspect and after doing so he fixed the leak. “How much”, asked the owner. “$ 100” said the plumber. “$100?!! But the fix was so small and […]