Monday, September 18, 2006

Good stocks is like good underground music

Finding undervalued stocks is a lot like finding new underground punk rock bands. You try out everything that nobody has ever heard of before, and then you start liking a few of them. You get more and more excited about them, and then you get to "own" them, and it feels good when nobody else knows about it.

When the stock/band sellout, you sell them out of your portfolio. And viola, and the process starts again.

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