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Anthony F Smith The Dip Summary

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Anthony F Smith The Dip Summary
The dip discussed and illustrated in the text happens to the majority of companies early on. For many companies, the dip is inevitable. Therefore, if the right people are in charge, a stockholder can tough out the rough times and wait until things turn around. This is exactly what happened to ESPN in the late 1980’s to now. When a company takes a dip, it is a great time to buy low on the company.
Not many companies stick it out quite like ESPN and its investors did. Other companies and their stockholders seem to get impatient in times like that and will not see it through. Anthony F. Smith demonstrates the fact that some stockholders will get flakey and impatient if there are not immediate results, “The dip eliminates those who are unwilling
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