In his latest letter to shareholders, Giverny’s David Poppe explained why investing is a bit like pro sports. Here’s an excerpt from the letter: The truth is, people trade a lot because trading a lot is fun, at least when the market is rising. I play tennis at a club … Read More
David Poppe: Why Investors Miss Out On 100x Multibaggers
In his latest shareholder letter, David Poppe of Giverny Capital discusses the reason why investors miss out of 100x multibaggers. Here’s an excerpt from the letter: A few months ago, a client recommended a book to me called “100 to 1 in the Stock Market.” Written in 1972 by Thomas … Read More