{"id":1437,"date":"2017-09-14T13:52:00","date_gmt":"2017-09-14T13:52:00","guid":{"rendered":"http:\/\/wdsinvest.com\/?p=1437"},"modified":"2026-02-17T21:46:04","modified_gmt":"2026-02-17T21:46:04","slug":"attention-details-september-edition","status":"publish","type":"post","link":"https:\/\/wdsinvest.com\/fr\/attention-details-september-edition\/","title":{"rendered":"Attention to Details &#8211; September Edition"},"content":{"rendered":"<p><u>Short-Term Noise and Long\u2013Term Investing: An example of why long-term investing is harder than it sounds (GuruFocus).<\/u><\/p>\n<p>One of the most difficult tasks faced by investors is maintaining conviction with a company in the face of short-term, negative price action. Quite often, it is the noise of a stock\u2019s recent price decline that analysts and news outlets choose to highlight, making it hard to separate the business-case fundamentals from the fluff. This article (<a href=\"https:\/\/www.gurufocus.com\/news\/548412\/shortterm-noise-and-longterm-investing\">link<\/a>) teaches a crucial lesson, using Under Armour and Nike as case examples. As patient investors, bottom-up research stands at the heart of our daily work \u2013 by truly understanding our core holdings, we are better-equipped to focus on the investment thesis that matters in the long run.<\/p>\n<p>&nbsp;<\/p>\n<p><em>In the attention to details series, we lift the lid on what WDS does behind the scenes to invest well by sharing what we are reading. These are pieces that often articulate different aspects of our philosophy and ultimately our process. Check back regularly for a new article that is worth the read. \u00a0<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Short-Term Noise and Long\u2013Term Investing: An example of why long-term investing is harder than it sounds (GuruFocus). One of the most difficult tasks faced by investors is maintaining conviction with a company in the face of short-term, negative price action. Quite often, it is the noise of a stock\u2019s recent<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,1],"tags":[],"class_list":["post-1437","post","type-post","status-publish","format-standard","hentry","category-investing","category-miscellaneous"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Attention to Details - September Edition - Watson Di Primio Steel (WDS)<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wdsinvest.com\/fr\/attention-details-september-edition\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attention to Details - September Edition - Watson Di Primio Steel (WDS)\" \/>\n<meta property=\"og:description\" content=\"Short-Term Noise and Long\u2013Term Investing: An example of why long-term investing is harder than it sounds (GuruFocus). One of the most difficult tasks faced by investors is maintaining conviction with a company in the face of short-term, negative price action. Quite often, it is the noise of a stock\u2019s recent [\u2026]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wdsinvest.com\/fr\/attention-details-september-edition\/\" \/>\n<meta property=\"og:site_name\" content=\"Watson Di Primio Steel (WDS)\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.linkedin.com\/company\/watson-di-primio-steel-wds-investment-management-ltd-\" \/>\n<meta property=\"article:published_time\" content=\"2017-09-14T13:52:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-17T21:46:04+00:00\" \/>\n<meta name=\"author\" content=\"Derek Dedman\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@wdsinvest\" \/>\n<meta name=\"twitter:site\" content=\"@wdsinvest\" \/>\n<meta name=\"twitter:label1\" content=\"\u00c9crit par\" \/>\n\t<meta name=\"twitter:data1\" content=\"Derek Dedman\" \/>\n\t<meta name=\"twitter:label2\" content=\"Dur\u00e9e de lecture estim\u00e9e\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/\"},\"author\":{\"name\":\"Derek Dedman\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/person\\\/f731b926771226714a7c0eb3f7c8e10d\"},\"headline\":\"Attention to Details &#8211; September Edition\",\"datePublished\":\"2017-09-14T13:52:00+00:00\",\"dateModified\":\"2026-02-17T21:46:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/\"},\"wordCount\":182,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#organization\"},\"articleSection\":[\"Investing\",\"Miscellaneous\"],\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/\",\"name\":\"Attention to Details - September Edition - Watson Di Primio Steel (WDS)\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#website\"},\"datePublished\":\"2017-09-14T13:52:00+00:00\",\"dateModified\":\"2026-02-17T21:46:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/#breadcrumb\"},\"inLanguage\":\"fr-FR\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/attention-details-september-edition\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/wdsinvest.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Attention to Details &#8211; September Edition\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#website\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/\",\"name\":\"Watson Di Primio Steel (WDS)\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/wdsinvest.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"fr-FR\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#organization\",\"name\":\"WDS - Ottawa Wealth Management\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/wdsinvest.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/favicon.png\",\"contentUrl\":\"https:\\\/\\\/wdsinvest.com\\\/wp-content\\\/uploads\\\/2016\\\/01\\\/favicon.png\",\"width\":32,\"height\":32,\"caption\":\"WDS - Ottawa Wealth Management\"},\"image\":{\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/company\\\/watson-di-primio-steel-wds-investment-management-ltd-\",\"https:\\\/\\\/x.com\\\/wdsinvest\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/wdsinvest.com\\\/#\\\/schema\\\/person\\\/f731b926771226714a7c0eb3f7c8e10d\",\"name\":\"Derek Dedman\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"fr-FR\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aa2eb91a1c775599ab3eba31607eef9c23c291a1b8806e11421fb59fc4e1eb8b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aa2eb91a1c775599ab3eba31607eef9c23c291a1b8806e11421fb59fc4e1eb8b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/aa2eb91a1c775599ab3eba31607eef9c23c291a1b8806e11421fb59fc4e1eb8b?s=96&d=mm&r=g\",\"caption\":\"Derek Dedman\"},\"url\":\"https:\\\/\\\/wdsinvest.com\\\/fr\\\/author\\\/ddedman\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Attention to Details - September Edition - Watson Di Primio Steel (WDS)","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wdsinvest.com\/fr\/attention-details-september-edition\/","og_locale":"fr_FR","og_type":"article","og_title":"Attention to Details - September Edition - Watson Di Primio Steel (WDS)","og_description":"Short-Term Noise and Long\u2013Term Investing: An example of why long-term investing is harder than it sounds (GuruFocus). One of the most difficult tasks faced by investors is maintaining conviction with a company in the face of short-term, negative price action. Quite often, it is the noise of a stock\u2019s recent [\u2026]","og_url":"https:\/\/wdsinvest.com\/fr\/attention-details-september-edition\/","og_site_name":"Watson Di Primio Steel (WDS)","article_publisher":"https:\/\/www.linkedin.com\/company\/watson-di-primio-steel-wds-investment-management-ltd-","article_published_time":"2017-09-14T13:52:00+00:00","article_modified_time":"2026-02-17T21:46:04+00:00","author":"Derek Dedman","twitter_card":"summary_large_image","twitter_creator":"@wdsinvest","twitter_site":"@wdsinvest","twitter_misc":{"\u00c9crit par":"Derek Dedman","Dur\u00e9e de lecture estim\u00e9e":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wdsinvest.com\/attention-details-september-edition\/#article","isPartOf":{"@id":"https:\/\/wdsinvest.com\/attention-details-september-edition\/"},"author":{"name":"Derek Dedman","@id":"https:\/\/wdsinvest.com\/#\/schema\/person\/f731b926771226714a7c0eb3f7c8e10d"},"headline":"Attention to Details &#8211; September Edition","datePublished":"2017-09-14T13:52:00+00:00","dateModified":"2026-02-17T21:46:04+00:00","mainEntityOfPage":{"@id":"https:\/\/wdsinvest.com\/attention-details-september-edition\/"},"wordCount":182,"commentCount":0,"publisher":{"@id":"https:\/\/wdsinvest.com\/#organization"},"articleSection":["Investing","Miscellaneous"],"inLanguage":"fr-FR","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wdsinvest.com\/attention-details-september-edition\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wdsinvest.com\/attention-details-september-edition\/","url":"https:\/\/wdsinvest.com\/attention-details-september-edition\/","name":"Attention to Details - September Edition - Watson Di Primio Steel (WDS)","isPartOf":{"@id":"https:\/\/wdsinvest.com\/#website"},"datePublished":"2017-09-14T13:52:00+00:00","dateModified":"2026-02-17T21:46:04+00:00","breadcrumb":{"@id":"https:\/\/wdsinvest.com\/attention-details-september-edition\/#breadcrumb"},"inLanguage":"fr-FR","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wdsinvest.com\/attention-details-september-edition\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/wdsinvest.com\/attention-details-september-edition\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wdsinvest.com\/"},{"@type":"ListItem","position":2,"name":"Attention to Details &#8211; September Edition"}]},{"@type":"WebSite","@id":"https:\/\/wdsinvest.com\/#website","url":"https:\/\/wdsinvest.com\/","name":"Watson Di Primio Steel (WDS)","description":"","publisher":{"@id":"https:\/\/wdsinvest.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wdsinvest.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"fr-FR"},{"@type":"Organization","@id":"https:\/\/wdsinvest.com\/#organization","name":"WDS - Ottawa Wealth Management","url":"https:\/\/wdsinvest.com\/","logo":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/wdsinvest.com\/#\/schema\/logo\/image\/","url":"https:\/\/wdsinvest.com\/wp-content\/uploads\/2016\/01\/favicon.png","contentUrl":"https:\/\/wdsinvest.com\/wp-content\/uploads\/2016\/01\/favicon.png","width":32,"height":32,"caption":"WDS - Ottawa Wealth Management"},"image":{"@id":"https:\/\/wdsinvest.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.linkedin.com\/company\/watson-di-primio-steel-wds-investment-management-ltd-","https:\/\/x.com\/wdsinvest"]},{"@type":"Person","@id":"https:\/\/wdsinvest.com\/#\/schema\/person\/f731b926771226714a7c0eb3f7c8e10d","name":"Derek Dedman","image":{"@type":"ImageObject","inLanguage":"fr-FR","@id":"https:\/\/secure.gravatar.com\/avatar\/aa2eb91a1c775599ab3eba31607eef9c23c291a1b8806e11421fb59fc4e1eb8b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/aa2eb91a1c775599ab3eba31607eef9c23c291a1b8806e11421fb59fc4e1eb8b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/aa2eb91a1c775599ab3eba31607eef9c23c291a1b8806e11421fb59fc4e1eb8b?s=96&d=mm&r=g","caption":"Derek Dedman"},"url":"https:\/\/wdsinvest.com\/fr\/author\/ddedman\/"}]}},"_links":{"self":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts\/1437","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/comments?post=1437"}],"version-history":[{"count":7,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts\/1437\/revisions"}],"predecessor-version":[{"id":2123,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/posts\/1437\/revisions\/2123"}],"wp:attachment":[{"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/media?parent=1437"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/categories?post=1437"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wdsinvest.com\/fr\/wp-json\/wp\/v2\/tags?post=1437"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}