The Importance of Waiting for Things to Get Better

Peter Lynch has his own approach where he's looking at, you know, much smaller companies with long runways. So if things are looking overly rosy, get out or you have a Charlie Munger who just continues to hold that business. He also spoke about how the next one or two years is always going to be a coin flip. And really, like we said, look for those companies that have strong balance sheets that can survive through some kind of tough period. They're probably my main takeaways. Do I have any? That'll probably the main point. Anything else that you can think of?