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Capital Group’s Rob Lovelace on long-term investing, succession planning, and leadership lessons
Goldman Sachs Exchanges
Patience and Holding on to Good Things
The biggest lesson learned by the investor is patience in finding good companies that will compound over time, and the importance of holding on to them even when they become expensive. It is highlighted that it is harder than people think to find great companies, making it crucial to focus on holding onto such valuable investments. This emphasizes the significance of patience and maintaining quality investments in a portfolio.
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