Bob Millen
Bob Millen
business continuous energy meets standards stock utility
There's not one energy or utility stock that meets our standards of continuous long-term business performance.
believe betting business change commitment core discipline efforts investing movements stock term true
True investing is making a commitment to own a company, to participate in its business over the long term and not betting on short-term movements in its stock price. To change our core discipline would dilute our efforts and all that we believe in.
good intrinsic move prices stock
To me, short-sellers are no good for long-term investors. They can move prices of a stock in a way that has nothing to do with fundamental intrinsic value.
discipline eventually growth patience premise
The fundamental premise of our discipline is that over the long term, if you own very high-quality growth companies, you will eventually get rewarded. But patience is sometimes required.