No “Holds” in Investing The Built-in Problem for Value Investors

Combat Selling Too Soon

by
I more often than not sell too soon. To avoid that, I’m trying to better distinguish between cases in which the rise in the share price is still primarily a function of improving business fundamentals and those where multiple expansion has become most important. A rapidly increasing multiple often means too many people are starting to agree with me, which makes me nervous.
Source: http://www.valueinvestorinsight.com/