RE:Off topic Philip Fisher and Martin Sosnoff Give it a rest:::
This is getting very off topic and it has been hashed to death.
Please post about BBD nobody on here cares two hoots about your method of investing or mine for that matter
Chocolate345 wrote: Philip Fisher once remarked that if stocks are selected properly for their long term fundamentals the time to sell them is almost NEVER. How many stocks can be so qualified?
However he also cautioned that very few companies could be qualified for the never sell classification and he gave a five year rule for screening out those that may turn out to be pretenders..
Then one may find Martin Sosnoff's Humble on Wall Street quite revealing as to how to handle such pretender stocks, see Chapter re "Rubin, Rubin, what you have done to me.."
.The stock market does provide a feedback loop that any investor should pay heed to. It is for one to tell which feedback is real warning or which is head fake... That takes one back to understanding the company fundamentals including any on and off balance sheet liabilitiies .. For example, one could surely tell the difference between say investing in Exxon and speculating on something like an old Dome Pete