Perhaps Mr. Eck has some conviction - Conviction, conviction,...

Perhaps Mr. Eck has some conviction -
Conviction, conviction, conviction

Conviction is what allows investors to hold investments for the long term. For us, conviction comes when we have concluded our analysis on a company and we can see the company’s long term vision as being clear and achievable, and importantly when we genuinely believe in management’s ability to execute. At this point we are generally feeling confident in our own ability to hold onto the stock for the long term opportunity. We believe most investors are more focused upon the short term price movements in stocks rather than their own conviction levels and the longer term implications – once you have completed your stock analysis, it is time to look inward to gauge your own ability to hold the stock for the long term. This is why investing is such a deeply personal journey.