Iovance: Down And Rebound
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Even in those earlier times, finding the really outstanding companies and staying with them through all the fluctuations of a gyrating market proved far more profitable to far more people than did the more colorful practice of trying to buy them cheap and sell them dear. – Phillip Fisher (Warren Buffett’s mentor)
In biotech investing, you will encounter extreme volatility from time to time. If you do not have a strong stomach, it’ll be a very unpleasant…
