This idea of anticipation is key to investing and to business generally. You can't wait for an opportunity to become obvious. You have to think, "Here's what other people and companies have done under certain circumstances. Now, under these new circumstances, how is this management likely to behave?"
About this quote
- Attributed to
- Eddie Lampert
- Attribution status
- As published
Photo: Norbert Nagel · CC BY-SA 3.0 · source
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The investor's primary interest lies in acquiring and holding suitable securities at suitable prices.
