2min chapter

Excess Returns  cover image

100+ Great Investors Share Their Most Important Investing Lesson

Excess Returns

CHAPTER

The Importance of Price Confirmation and Having an Open Mind

This chapter emphasizes the importance of waiting for price movements to confirm one's thesis before taking action and highlights the difficulty of timing. It also discusses the necessity of keeping an open mind and waiting for price to begin confirming a stock's bottom or potential change in momentum.

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