Monday, July 20, 2020

Quote of the Day: How to gain a huge competitive advantage...

Hedgeye CEO, Keith McCullough, in his morning note mentions the asset allocation component that offers "a huge competitive advantage." I agree!
"...one of the best quotes from one of the best chapters I’ve read since COVID started: Maniacal Patience in Bullet Proof.
“They will, ultimately, get bored, lazy, frustrated, antsy.
I will not.
I will wait them out.”

Think about that within the context of all of the anxieties and challenges you’ve faced this year. Whether you are building a company or a Full Investing Cycle portfolio, if your largest asset allocation is patience, you have a huge competitive advantage."

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