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"Nothing can trouble you but your own imagination."

Nisargadatta Maharaj

superdry uk

just makes its best guess about the nature of the missing information a


and anxiety and uncertainty (in others) are the great friends of the value investor.

Kent @ The Financial Philosopher

Good point, Mike. Extreme emotion often causes prices to fall below value. However, it is also important to note, to paraphrase John Maynard Keynes, "Investors can remain irrational longer than you can remain solvent."

Overall, I lean toward Buffett's advice that prudent investors make their best money in down markets.

Thanks for the comment...


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About Kent Thune

  • Kent Thune is a wealth manager, a writer and a philosopher... Read More


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