Third Avenue's Amit Wadhwaney - How Do Good and Financially Sound Companies Become Cheap?

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Aug 12, 2013
Wadhwaney views himself as a very patient investor. He is willing to buy companies that are depressed in industries that have difficult barriers to entry.

What he will not buy is a depressed company in an industry with limited barriers to entry.

Wadhwaney is happy to "drop anchor" and hold a company for three to five years. In fact if he isn't happy to own a company for three to five years it is likely not something he should own.

In the video below he explains how he finds sound companies that have become cheap: