Here at Main Street Wins, we believe the equity markets offer an unbelievable opportunity for wealth creation for those who are willing to take the long term view. We are unconcerned with how our stocks perform day-to-day, quarter-to-quarter, or even year-to-year. If our convictions underperform the market in the near term, so be it. The most successful investors in history are all those who are in it for the long haul. While technical indicators are of use to us, we strongly believe that trading stocks is unpredictable and risky. Our feelings regarding capital is that it is very hard earned, so it should not be invested without obsessively studying a company.
The strategy: Invest in well-run companies that participate in and benefit from long term trends. For example, in the fall of 2012 and throughout 2013, Apple (AAPL) cratered some 40% from its peak. It was painful to watch such a wonderful company suffer such a rapid and substantial decrease in market value. However, we believed unwaveringly in the long term potential of the company. As of May 10th, shares are rebounding nicely and we believe that shares will eventually return to their all time highs. Like some other publications, we do not claim to predict when in time this will happen. We are just very confident in Tim Cook's ability to execute his long term vision for the world's largest company, rewarding those who are patient with him.
