New Delhi, Feb. 22 -- Money magnet Charlie Munger once said big money is not in buying or selling but in waiting. The American businessman and Vice Chairman of Berkshire Hathaway, the conglomerate controlled by Warren Buffett, wanted to convey in this message that one should hold a stock as long as one can because it allows an investor to generate wealth instead of making a profit on one's investment.
To understand how a stock market investor can create wealth by sticking with one's conviction for as long as one can, one needs to look at Tanfac Industries shares. Despite the Indian stock market reeling under the sell-off pressure, this multibagger stock has delivered over 15 per cent return to its investors in YTD.
Tanfac Industries' sh...
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