William Ackman on Forbes , $1 billion short on herbalife, “I have learned that the key to long-term investing is to balance confidence with the humility to recognize when the facts are no longer consistent with one’s original investment thesis,” Ackman told his investors, referring to his exit from JC Penney, but also seemingly trying to reassure them about his Herablife crusade. “It is critically important not to let psychological factors interfere with economic rationality in investment decision making
Posted on: Thu, 03 Oct 2013 19:53:41 +0000
Trending Topics
Recently Viewed Topics
© 2015