Good investing requires being bold at the right time

18 May 2015

To take advantage of this one should be invested in the right unit trusts that takes advantage of these opportunities as they present themselves.

In the attached article from Coronation they use an analogy of waiting for the “fat pitch” in baseball, which the famous Warren Buffet’s partner (Charlie Munger) uses.

Good investing requires patience and boldness. Active unit trust managers wait for the right opportunity and back it with a sizeable investment.

Portfolio managers are tested on these principals all the time. Sometimes one can identify many good opportunities, but there are times when juicy investment opportunities seem scarce and being patient is more important for these managers.

Coronation has a strong long-term commitment; hence when there is some short-term under-performance one should not get anxious as patience will bring the right opportunity, they always do.

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