“Long-term investment success is ultimately determined by the ability to ignore external ‘noises’ and concentrate on the issue of buying good businesses.”
~ Michael Lee-Chin
2021 was the year of audacious speculation
January 17, 2022
“In 2021 we saw the rise of meme stocks. “What the heck is a meme stock?” you may ask. A meme stock is a stock that experiences unbelievable price appreciation, not because of the fundamentals of the underlying business, but purely because the stock has captured the public’s imagination.”
Posted in All Columns, Investment Management
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