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The stock price faces periods of over exuberance and periods...

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    The stock price faces periods of over exuberance and periods when everyone decides to go for the exists at the same time. This boom and bust cycle in stock markets is inevitable. The one who controls the narrative controls the price. Unfortunately in our system of valuing stocks through stock markets it’s the big instos that control the narrative. What is however; in our control is to value the assets as professionals, buy them when they are cheap and fearful when everyone wants to get in. This is the major differentiation between an advisor and any ordinary investor. And one last thing with investments you need the patience of a vulture to realize their full potential.

    You and only you know your style of investing and can only be the judge of yourselves. I see long term value in the stock and continue to buy and hold the stock within my allocation, risk and return parameters.

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