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How Important Is Temperament in Investing?
Moodi's has performed outrageously well recently, in the last couple of years. How does that weign on you as an investorand and how do you maintain that conviction through periods like that? Yes, i think temperament is hugely important in investing. We don't get happy when the stock price goes up. We are completely focused on bottom up fundamentals. The fact that their show prices were flat for a year or two didn't bother us in the least. And so that ability to avoid being influenced by share prices, in terms of your thinking, being patient disciplined across those periods, i think that's hugely important to being a successful inmaster.