notices - See details
Notices
KC
Kudakwashe Clive Fambisai (not verified)
10th March 2020 | 8:07am

Even though your valuations might be accurate you also need to know the timing to act.

as John Maynard Keynes said,

“The markets can stay irrational longer than you can stay solvent.”

You might have the best estimate of value and lock in your liquidity in a position only to liquidate before convergence of price to value.