Hope In Adversity & Caution In ProsperityGuest Post
Hope In Adversity & Caution In Prosperity by Evan Delaney, Burgundy Blog
Quality-value investors are hopeful in the face of adversity and cautious in times of prosperity. We look to buy high-quality securities that have been unjustly beaten down by the market due to some short-term affliction, with conviction that the value of the underlying companies will be recognized in the market once a recovery takes place.
Our investment philosophy often runs contrary to market trends and keeps us level-headed through . . .
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