What does Warren Buffet say?
Quote:
Originally Posted by
justakiwi
I don’t base my confidence in IKE on the SP. Investors might be spooked but I still believe a lot of them do not really understand the business or the sectors they operate in. How many investors have ever bothered to read the information on the website re what IKE actually does and the products and services they provide? I would hazard a guess - not many.
As Warren says, you are not buying shares, you are buying the company. Who cares what the share price is if the company has the right management, a good plan, and a market for its services. Patience is required