Wallace Weitz 'Uncertainty is a Permanent Condition for Investors'

Wallace Weitz Q3 Commentary “Uncertainty” is a permanent condition for investors.  We pay attention to the macroeconomic and geopolitical backdrops, but we focus primarily on individual company valuations in making investment decisions.  In recent months, as stock prices have risen faster than business values, we have been net sellers of stocks.  We still like these companies and we would love a chance to buy most of them again at lower prices.

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Wallace Weitz