“Ahead of Expectations” - three of the most powerful words in investing
Successful investing isn’t about being right — it’s about being right at the right time. History is littered with examples of investors who were right, but at the wrong time. As the saying goes, "The market can stay irrational longer than you can stay solvent”. One recent story typifies this issue. Ted Aronson was running $10bn in an underperforming US value investing fund from 2011 to 2020. “Our record for the last five years sucks” he said as his investors gave up on him and he closed up shop. Of course, all those value stocks he owned came right back into vogue within months of his fund closing.
So the ideal investment strategy is to avoid the opportunity cost of sitting on underperforming shares that are going nowhere. If you could pinpoint undervalued shares at the exact moment when the market begins to wake up to them, wouldn’t that be something?
The Catalyst: 'Ahead of Expectations'
Three simple words: "ahead of expectations" can be game changing for share sleuths seeking to be right at the right time. Investors that read all the trading updates and results announcements from the RNS (regulatory new service) are always on the lookout for catalytic...