
#11: Dale Wettlaufer on Value Investing in the 21st Century
Superinvestors and the Art of Worldly Wisdom
The Long Run of Industrials
I think it's a lot makes a lot of sense to be more diversified on the short side for sure. The things that have really been, you know, a bit of a problem for me are industrials. We've smushed two cycles into a very short period of time. And I don't think left to its drawers the like the earth moving equipment industry is going to go anywhere for 15 years until the next cycle starts.
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