Past Performance Proofs in Finance Paying Debts

Patience is a Virtue Absent on Wall Street

Wall Street is very impatient. It's typically willing to wait one or two quarters for an expected improvement to happen, but rarely longer. Even when it's generally accepted that a company will be doing well in 1 to 3 years (but bad initially), the market price often doesn't reflect this. Many who think the stock is unreasonably low will sell rather than buy because they believe (possibly correctly) that the stock will fall more before rising and that they'll be able to buy cheaper later.