Analysts Expose Intermediate Tops
As long-duration common stock pickers we seek to buy meritorious companies which fit our eight criteria for stock selection. However, as investors with a ten-year time frame and 36-years of observational experience in investing, we invoke Bernard Baruch who said, “The activity which made me the most money in common stocks was sitting on my hands.” For this reason, we have an interesting perch to watch the investors around us who are turning their portfolios over with regularity. How does an investor get a feel for shorter duration tops in the one-to-two year time range?
November 29, 2016
