Whitney Tilson: The Three Most Dangerous Words In Investing

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ValueWalk

Whitney Tilson’s email to investors discussing the three most dangerous words in investing. The common cliche on Wall Street is that the four most dangerous words in investing are, ‘This time is different’… But I’ve found a three-word phrase that’s uttered just as frequently… and is arguably even more dangerous. “I missed it.” You’ve probably grumbled these words before, especially if you’ve ever passed on a stock you were considering buying… then watched as it marched to new high after new high. Q2 2022 hedge fund letters, conferences and more The thing is, a great run higher doesn’t necessar…

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