Mark Moss argues that the best investment returns come from waiting, not buying or selling. The strategy has two parts: finding the right opportunity, then letting it grow over time. He monitors news constantly to confirm his thesis stays valid.
The big money's not made in the buying and the selling. The big money's made in the waiting. The waiting is 2 things. Number one, I need to wait for the right opportunity. But then number 2, I have to wait for the opportunity to develop. These are long-term things. And so what I want to understand is the direction we're going. And then I look at the news, I follow the news to understand, is my thesis still intact or has my thesis changed?
