Valuation, Competitive Advantage, Optionality

This article was the daily headline for today:

https://www.fool.com/investing/2018/01/11/my-biggest-investi…

It summarizes a big part of the Fool philosophy. The investing “rule” invoked in the article is: “Selling based on valuation alone – when a moat and optionality are present – will cost more in lost gains than any potential losses.”

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