My position in UnitedHealth Group ($UNH) has been one of those investments that tested patience. I held through all the noise, and it’s now finally showing a return of over 10% in my portfolio and still climbing day by day. It seems I tend to find diamonds in the rough when sentiment is at its worst. Another example is Berkshire Hathaway ($BRK-B). There was plenty of concern about what would happen with Warren Buffett stepping back, yet the stock has continued to grind higher. I’m almost at break even at this point. It reminds me of Toronto-Dominion Bank ($TD) sediment was extremely negative and few people wanted to touch it. Left TD alone and it’s a TSX darling as the Canadian banking stocks are all performing like growth stocks at the moment! Same pattern, different names: fear, doubt, then recovery. Sometimes the market rewards patience more than timing.
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Thought on investor sediment | Analysis | Blossom Social
