Carl Lewis, a former nine gold medal-winning Olympian, once said "Life is about timing." For value investors, timing plays an essential role in the value investing methodology. There's the element of patience that every value investor needs to learn, the willpower not to rush into seemingly appealing yet undeniably risky investments.
Then there's the knowledge and mastery of timing that can boost a portfolio. By simply investing at the right point you can achieve 10x returns. It isn't always easy to learn, but it's a valuable skill every value investor should practice early on to see their portfolios stay healthy and profitable.