IPH #91: 2023 End of Year Ask Us Anything
Chit Chat Stocks
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The Importance of Patience in Investment Decisions
In this chapter, the hosts discuss the need for patience in making investment decisions, waiting for cash flow and deployment of funds by the management team. They emphasize the long-term perspective in holding onto investments, despite some disappointment in certain businesses' performance. They also mention that more comprehensive information will be available in the annual letter and discuss a recent purchase they made in the market.
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