RE:RE:RE:probably made a mistake
Warren who?
His sage advice is let your winners run-buy on weakness...stocks with a toll bridge status or common thread enabler as he likes to coin his two key investment criteria.
At one point he had over 60% of his entire net worth in one stock that was losing money at the time. he had only 2 stock in his entire Berkshire hathaway holding company fund at that time. The 60% holding in a single stock...was the The Washington Post. But it had sector lock down advantage in its brand. Washington Post belonged to Graham Holding Company which sold to Jeff Bezos of Amazaon.
Buffet today plays the arbitrage market more so than anything. just dosen't talk about it.
Losing faith is a fickle thing.
It should never ever be based on bid and ask.
But on lack of fundementals vs T/A
Sentiment is fickle. It takes a lack of news to turn negative
It takes one bonafide legit NR to correct and turn positive
Called a trend reversal vs trading opp.
Just like Sept 6th was/is remains.
Company making all on its own.
Potential fortune making on its own.
Delayed is not denied.
Therein is the diff.
They are Not one and the same.
Do these guys need to get going and capitalize while money from other sectors like MJ is looking for a home...even the quick flippers are looknig for some path to certainty where a major derisking event and re-rating wold take place if MRS
got things together on the PO?
Absolutely but I caution again...Delayed is not denied.
I gotta go get my daughter from Nite Study sesssion at University.
Sometimes where we park money next?
Turns out is worst then where we parked it from
Later theRev
roxyroller69 wrote: Rule 1. Never lose money
Rule 2. Don't forget the first rule.
'Warren Buffet'
this is by far the best advice one can follow. Hard to fault anyone taking profits. It is never a bad thing, patience is another thing, but if your patience runs out, and you wait too long to pull the trigger, your bank account may follow suit. GLTA.