Happy New Year folks, it's a new year and a new start. This is a short post just to illustrate a simple point: Think Long Term. The effects of good habits and efforts show up over time. This is true for both stocks and our own personal development.
Here's two charts to illustrate this point.
Long term stock price chart for Jardine C&C
The chart above shows the 14 year price chart for Jardine Cycle and Carriage, one of the the components of our STI index. It's core business is in automobile distribution in Indonesia where its the dominant leader for both two and four wheelers. The chart above shows that it compounds value tremendously over time. We see again and again that great companies doing great businesses compound their intrinsic values over time. While there would be ups and downs over short periods like 3-6 mths, or sometimes even ......