Even if the market continues selling off, I firmly am convinced that these sales levels are buying opportunities of a lifetime. Take your time buying them since this recession may take awhile and remember three things to do when buying these companies:
1) Buy below YOUR (not printed) estimated value....and only if you expect to make 1000% on it, which can come out to be 20% annualized, if you calculate the holding period.
2) Buy if the product is fundamental to a society, like a commodity related product, or one that is unique, established and hard to replicate.
3) You must follow what management has done and will do to safeguard the wealth for shareholders.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment