The Musical Chairs of Investing

Found this while reading an article on Seeking Alpha:

“Investing is rather like the children’s game of ‘Musical Chairs.’ We must dance while the music is playing, knowing full well that when the music stops we shall all be dashing for the few chairs that are there to be taken and we shall fight for them when that time comes, but while the music plays…while the flute is up to the musician’s lips; while the bow is being pulled across the violin… dance we must, or sit out the game on the sidelines.”

– Dennis Gartman

Investing, it seems to me, and many before me have said so, is more about patience than balance sheets or Fibonacci ratios.

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