This is what could unfold over the coming days/weeks/months. If so, that could allow us to take even more profits on even more positions. Our latest two positions are up around 9% already and we’ve only owned them for two months and one month, respectively. Plus, we just recently got a dividend on one of them about a month ago and we’re getting the other dividend now on our latest pick (IBM).
Keep in mind, we get great returns without having to take-on the same insane valuation risks that the overall market has. It’s much more prudent and I believe, better stewardship.