You can test my patience to an extreme extent.
Once I’m done buying an extremely undervalued company, I can sit on it for years even if it stays where it is.
Because of undervaluations, my margin of safety is high. I virtually don’t lose anything.
Sooner or later, the undervalued business will perform and go on to become 3-10x.
That’s what separates me from all those nervy investors (actually, traders disguised as investors who themselves don’t know that they are traders) who sell stocks just because it didn’t move for few months.
