Giving Businesses a Chance to Develop Can Losers in Your Portfolio Really Hold up in the Future?

Holding a Stock that is Slightly Overvalued

If value keeps building in the business, that provides a cushion against round tripping over time and we’re happy to be patient. We also think a slightly over priced stock in the hands of skilled management can be used as a currency in making acquisitions and building a business, so we’re not entirely averse to holding something slightly overvalued.