RE:RE:from BNN Bloomberg - shortseller attackCheers to you OnTheBalance!
One of the best posts I have read in a long time!
Every share price drop is an opportunity to add more at a discount, KNOW WHAT YOU OWN, and OWN WHAT YOU KNOW.
Cheers!
OnTheBalance wrote: The lesson to investors who craft long term porfolios with shares of solid businesses that they have vetted over time, is simple. Every one of these creative attacks (but mostly with rather stupid, and fictitious reports), are ultimately opportunities to add more shares at a discount while the trader types and weak hands run away. Unrealized gains fluctuations over the course of many years, in the best of businesses is a give. These attacks have helped me to add shares to several of the important stock holdings in my current long term portfolio, not only WELL, but to NVDA, SHOP, AC among them. A general rule of thumb is this. If one doesn't trust the management, the BOD, and the Strategy + Execution of a company, why even bother investing in it long term? And if one trusts all of that, then why would one be shaken by superfluous and faked information from other sources? In these situations, they are always adding or buying opportunities. Solid and Conservative Management and BOD will always lay out the facts for investors, the good and the bad. This principle I totally believe in.
The problem is that most investors today are in a rush, and their impatience gets them. Scumbags like Andrew Left / Citron Research (LOL) have actually helped experienced own more shares of many of those good businesses. Though WELL is a younger business, I expect it to have a tremendous trajectory over the years.