(Travis’s Note: This article was originally posted on July 8th, 2015, however, the trades described were made late in 2008, and early in 2009. One learning lesson from this experience, is that if you buy a deep value equity, and you are right, and the situation resolves bullish, your price targets in the depths may be way too conservative, and it is probably better to hold on to this uncovered treasure longer than you think at the time of purchase).
Purchasing Macquarie Infrastructure (MIC) in the first half of 2009 has been the best equity trade of my career thus far:
Thanks for posting this. Can you get the Charles Schwab document to magnify as I can not see it as it is. Thanks.
Jeff
Jeff:
Will update so the statement can be seen more clearly,
Travis