“ Lower quality names in our country have done well over the last couple of years. Our companies have taken a back seat, which is why we are finding it relatively easy to find high-quality companies. We are trying to figure out if this is a good time to ramp up our position in specialty chemicals, as Chinese dumping seems to have abated.”
“If you are picking stocks individually, then you have to have faith in that company that you are invested in. But ultimately long term wealth and long term compounding can only happen in the hold phase. So, be patient and be aware of what you are doing. Be patient and be aware of what you are doing.”