Saturday, February 24, 2007
Tim McElvaine
Readers of my blog know that I have a list of cachamim or "wise ones." My goal is to "get dirty from the dust of their feet" - so close would I like to study their wisdom. Tim McElvaine is on the list. He is a Canadian investor. Recently, I came across a brilliant statment he made: "buy on the assets and sell on the earnings." This insight is profound and rewards reflection.
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