Patience is a Virtue
Throughout the ages, great teachers have extolled the virtue of patience and this has proven to be true in the minefield of stock investments. Arguably the most well-known student of Benjamin Graham (the father of value investing), Warren Buffet gave two valuable pieces of advice:
1) “Price is what you pay. Value is what you get”.
2) “For the investor, a too-high purchase price for the stock of an excellent company can undo the effects of a subsequent decade of favorable business developments.”
iamiam : good post. great fundamentals for investors. i would only contend nearly every stock mentioned breaks both of Buffetts rules, not to mention I dont think peter lynch would be touching those, he would be running for small cap undervalued producers with pricing power
WinningTrader : But do the people really sell the stock to lock the profits?
Howardy : Keeping $Grab Holdings (GRAB.US)$ and $DiDi Global (Delisted) (DIDI.US)$
at the post of parting from $Apple (AAPL.US)$
Only time will tell.
Dadacai OP iamiam : Thanks for reading and commenting. The reason I cited those stocks is they are clear examples of investments that bore great fruit if one had invested in them for the long term years ago.
iamiam Dadacai OP : aha very true, great examples!
Tigger7777 :
Dadacai OP Tigger7777 : Thanks for reading and letting me know you like the post.
Dadacai OP WinningTrader : People sell stocks for a variety of reasons. Locking in profit is one of them.
road to 1 mill : wonderful
Dadacai OP road to 1 mill : Thanks for dropping by. Merry Christmas!
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