Fat- Pitch InvestingSubmitted by Kenneth P Posco, CPA, CFP on November 16th, 2016
Our active investment process allows for making portfolio changes only when we are highly confident the move will create an above average return. It will only be a small portion percentage of your portfolio.
The pitch investing is not market timing it is usually based on oversold conditions.
Quote from Warren Buffett
“Ted Williams was famous for “waiting for the fat-pitch” He would only look to swing at pitches in the part of the strike zone where he knew he had a higher probability of getting a hit. There were parts of the strike zone where he batted .230 and there were other parts of the strike zone where he batted .400. He knew that if he waited for a pitch over the heart of the plate and didn’t swing at pitches in the .230 part of the strike zone - even though they were strikes- he would improve his odds of getting a hit and increase his overall batting average.