To commemorate the 25th anniversary of my initial foray into the markets, I look back at my experiences over the past two and a half decades and dive into a little more detail on my historical returns, hoping for some insight into what the future might bring.
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By focusing more on the profits that I expect my portfolio companies to generate and less on their stock prices, big stock market drops become much less intimidating.
Graphing the performance of the market over the past 147 years.
Part 1 in a series of tutorials on value investing, the mispriced markets way.