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Matthew Sweeney - Discussing Value

The Business Brew

NOTE

Importance of Sticking to a Process Over Chasing Performance

The biggest risk for investors is abandoning a successful process in favor of chasing short-term performance. A well-executed process, based on the belief that earnings power increases over time leading to a rise in stock value, tends to always work if not overpaid initially. Lockups in funds are seen not to confine investors but rather to deter the wrong investors, aligning with a long-term investment view that typically spans three to five years.

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