Following Insights I found from a comment by Moathunter on Gurufocus:
- It is perfectly acceptable to hold cash when no bargains can be found. Not to think of cash as a failing by the investor, but as a sign of good discipline in not finding cheapness within your sphere of understanding.
- Investing is a very risky activity and that risk should be examined first and foremost, prior to even considering returns. Risk erodes returns, so to assume greater returns involve greater risk is illogical, and
- Avoid over-researching a company- seeking perfect information is both futile and harmful to returns for a number of reasons.
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