Stay focused on the longterm success of a company from "summary" of The Little Book of Value Investing by Christopher H. Browne
When investing in a company, it is crucial to look beyond short-term fluctuations and focus on its long-term success. By doing so, you can avoid getting caught up in the day-to-day noise of the market and make more informed decisions based on the company's fundamentals. One way to assess a company's long-term potential is by looking at its historical performance and track record. A company that has consistently grown its revenues and profits over time is more likely to continue doing so in the future. On the other hand, a company with a history of declining performance may not be a wise investment choice. Additionally, it is important to consider the competitive landscape in which the...
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