Analysis Quote by Peter Cundill
“I try to keep in mind Oscar Wilde's comment that "saints always have a past and sinners always have a future," so no investment should be ruled out simply on the basis of past history. We focus on liquidation analysis and liquidation analysis alone.”
About This Quote
Investors should not dismiss opportunities solely based on past performance, focusing instead on current liquidation value.
In simple terms: Don't rule out investments because of history.
Assess liquidation value, not past.
Themes
Mood
Type
When to use this quote
- portfolio review
- due diligence
- risk assessment
Key Concepts
Questions to Reflect On
- How do you separate past performance from current value?
- What metrics best reflect liquidation potential?
Past history can mislead if not contextualized.