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Quote by Peter Cundill

“When a stock doubles, sell half - then what you have is a free position. Then it becomes more of an art form. When you sell depends on individual circumstances.”

Quote by Peter Cundill

Author

Peter Cundill
Peter Cundill

Peter Cundill was a prominent investor in the financial industry, whose investment philosophy and strategies had a profound impact on global investors. more

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“Our standard prescription for the know-nothing investor with a long-term time horizon is a no-load index fund. I think that works better than relying on your stock broker. The people who are telling you to do something else are all being paid by commissions or fees. The result is that while index fund investing is becoming more and more popular, by and large it's not the individual investors that are doing it. It's the institutions.”