NEW YORK ( TheStreet) -- In value land, it sometimes takes a great deal longer for a situation to play out than you had originally expected. While this can be frustrating at times, the rewards of patience can be great. Getting there, however, is at times frustrating.Patience is a virtue in value investing, but you also have to know when to throw in the towel; to know when to admit that your investment thesis was incorrect. There have been times when I've waited too long for a story to play out; there have been times when I've given up too early. You try and learn from these mistakes, and move on.
Earnings, Titanic Deal Please Premier Ex Investors
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.