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High Quality Value Investing with a Tactical Twist With Jeff Muhlenkamp

Excess Returns

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When It's Time to Buy, You're Not Going to Want To.

When it's time to sell, you won't want to. What you feel is not what you should be paying attention to. You should simply recognize what your feelings are and say, Oh, that's a sign. I can use that emotional reaction to help me recognize what's going on. Because everybody else is feeling the same way. So there were times when things were very stressful and you just really have to work at being calm and doing all those necessary thing out of good.

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