Patient Investors Outlast Bubble-mania

Jan 2002

The sooner the marketplace gets over bubble-mania, the sooner our economy will become more competitive and the sooner investments chosen on their economic merit will achieve higher returns.  Fortunately for us, history and the weight of reason are squarely on the side of informed and patient investors—who can afford to view temporary irrational pessimism and optimism simply as opportunities to buy low and sell high.