When you finally manage to time it perfectly
Hi Guys, I guess we all dream of holding quality compounders for a long time and preferably picking them up at a fair price. BUT, what do you do when you finally manage to pick one up and it rushes up at rocket speed, to become what you regard overvalued? Example: I got lucky and picked up the medical device company Mettler toledo (MTD), when it briefly dipped in nov 2023, but the marked has since send it up almost 50 % . I currently regard it overvalued with near term growth prospects being challenged as well. SO, what to do? Take the money and run or wait it out, knowing it could be flat for 2-4 years an im even likely to see a few huge dips along the way? But also knowing it is a stable long term grower which will be here 10 - 20 years from now and have done its magic compounding trick. What do you do in these kind of situations?
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Lars E
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When you finally manage to time it perfectly
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