INVESTMENTS - Entry Point & Patience

Entry point speaks to objective valuations which are sometimes informed by the state of banking credit. The tougher the banking rates, the higher the likelihood of better valuations.

Once you are into an investment, you can't give up. You need to have the conviction because often the best investments are are the ones where they continue to go down and the markets continue to be tougher. But once it turns because you had the conviction to stay and remained invested, the upside is of great value. It takes patience and fortitude.