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yeah hello everybody so
today quickly i wanna talk about
time and timing. What is more important at the stock exchange?
The timing is very difficult. I would say it's the time = the holding period
The longer you stick to a great company
the better you will do. I mean the timing
it's a thing it's very difficult generally
you can be lucky and catch a stock
pick it up a great price that
it's very difficult. There is no science. There is so many things are playing in.
it's kind of a random thing. It is kind of a gamble
stuff so focus on the time
focus on decades pick up great stocks and keep them
right now lot of people that I and I'll
I'll teach like teachers in the 80s 90s or
some for a course a lot of women that
time now they have a huge a
a huge bank account because
now day and they have a fortune build-up because people find now they're
fought in the sixties a sandy is some
AT&T stock so whatever and
they kept that stuff and over the decades step 11
a small and high and there's a lot of money made
once your state with great company Center
that how to: a lot when you reach those cases
and an old lady that was sent to a lady in connecticut it's just that that tight
2011
and instead she had like the
six million she made six male and the teacher
when she died and that money went to church to the school and
nonprofit just amazing so what I recommend that a lot of newspapers
tell you a lot a.m. what you learn
what you should do and a lot of news everyday annuals
here for example a German newspaper
or your a British that had
four-to-one from sorry Italian luck with you
much you a lot of new listeners lot of stuff going on in the world but
if you have a great start I think about a company like Nike
shoes I mean the sport close doesn't really matter what happened last
water I think they will do fine over the next decades or
think about at a company started on Jan 30 oh and the S&P 500 doesn't matter
Bank of America or
Goldman Sachs more how homeless
how will be the next the PS a the next earnings
per share annex water doesn't really matter proctor and gamble for example
the doin did you all co2
came back she decided not not to attend a moderate water early
a on conference calls with the analysts because he's as its not my focus
he is focused his long-term and and he doesn't give any I'll
any wild any predictions for the and
for the revenues or UPS because he wants to focus long-term
and I think that's a great thing the same issue as you level up to see all
things: annex long-term
any doesn't matter if the UPS is 5 percent to a penny down a lot of
any expectation it is it what matters is
you build trust your fear to your
clients to your customer you deliver great products you deliver great service
for fair price ya honest and that has of over the long run if you have happy
customers look at for example Best Buy I was there yesterday
with a friend who picked up some stuff Best Buy how friendly
the people %uh the says if they are so friendly and you walk in
and you get great deals he order some transit from Google Apps
a bus load for thirty dollars in even on Amazon it costs more
planned I'll and even miss shipping and handling and since my extensive
that's how this company made it turnaround event at like seven hundred
percent then this year like 23 and eight percent
it's an amazing stuff because it delivers
and and great service great prizes
include products to the people and on a little on that actually matters
I don't know I have to start will be at the company will performed Arabella next
several decades
I don't know he could be but that's what you want as an investor
state with its goal long-term think enact long-term
think about that time to time really matters
and it's the daily use its it's important to read
of course it's important to get informed but
it's not actually it's not necessary to act on every instance out
in your portfolio it just tells people that
that have every column they perform pattern to not know
rescinded on too much so if you how to
buy-and-hold investor what you can learn from this at least you should try to
lower your transactions that turnover in your profile
no headache take it down at least that would be I think it would be a
a great thing she would do dat on at least right
and for the buy-and-hold investor is a a great thing is to save up some money
X cash on the side on a city you're on Yahoo com
once you have any average three months of six months and yes set up a nice
amount
keep on buying great companies add to your positions
up on your companies and I like the most
ultra-nationalists that are out for %uh some a hundred yes at least
and and so once you once you do that
long periods of time it's its intention to stop minus
because she peco's a per capita we have
more wealth we have more signs we have
the that the middle class and Indian Ocean minuses
round America its its it's getting better
so those company also benefits from the mouth that is created know well from
found a knowledge in science and progress
so the best way to benefit from all that
trend from those maggots friends at population growth
from $7 billion is expected to grow to ten billion
how to expect and have the benefit the bestest just I great companies
keep them and to them more and just
I think also is a be down to atlanta through life
keep save some money up don't don't
don't think that the social security will be enough and you retire
just got some analysts I and you will find no over the years and I wish you
all the best okay
by