Professor Ko teaches us that volatility is not risk unless you need to sell. True risk lies in permanent capital impairment.
You make a comment that it takes time for businesses to change and cultures to change, and that value investors tend to be too early. How early is too early?
Professor Ko teaches us that volatility is not risk unless you need to sell. True risk lies in permanent capital impairment.
You make a comment that it takes time for businesses to change and cultures to change, and that value investors tend to be too early. How early is too early?