The maximum point of pain is when you are badly beaten by the market, you finally give up and close your positions and the next day everything turns in your favor.
Your big losses could have been profits. This is the pain.
After China had called on India to 'stay objective and calm' and avoid 'over-interpreting' the issue of the Chinese new map, India now published its own map.
Bruce Greenwald invited Li Lu to speak to his class on value investing.
The result is a 90 minute masterclass on how to be a value investor.
If you haven't watched the video, do it now.
If you have, it's worth re-watching.
Here is a list of my favorite quotes from Li Lu 👇…
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Fmr Chairman of IronBridge, sold for C$142mm
CIO, Bison Interests
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See me on CNBC, etc
Not advice. Caveat emptor
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Energy is the economy so that covers economics, environment, geopolitics , ecology & human behavior
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