Patience pays

LIKE Warren Buffet, I believe that you can lose more money selling good stocks than buying poor ones. It is also true that the stock market is a place where money passes from impatient hands into patient hands. By PETER STRACHAN*

04 December 2006
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In April, I recommended Golden State Resources but reluctantly took profits for the sake of action, while saying that more speculative investors should stay the course.

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