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Finding Diamonds in the 'Scrap Heap'

Stansberry Investor Hour

CHAPTER

Investing From the Bottom Up

invest from the bottom up. Get to know the business you're in, know the situation. If the stock price is down, why is it down? It down just because we're in a bare market, let's say. Or has it really been crushed even more than the market for some reason,. And is that reason fair to the business going forward for the next three, five, ten, 20, for ever, 50 hundred years? You have to think about each business if you're buying individual stocks. The only people i know who don't do that are traders. A long term investor invests from thebottom up and is prepared to hold through draw downs over a long period of time

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