Forum Archive Index - May 2001

["Philip Robinson" <robph639@student.otago.ac.nz>]

Thanks for that Lyall,

 

I could not have said it better, there are many people out there that re very short sighted with their investment goals, I take the stand that Warren Buffet takes and say that the best time to sell is never if you have a quality company. The thing that makes people jittery is when short turn holders shout sell and tell us all that they have sold and how smart they are. You need to look at everything from your own investment, timeframe and experience perspective. It might be very intelligent for them to sell from their position but be crazy to sell from say mine or your perspective. So what I am trying to say is that don't let other people make your decisions for you, if you think that you have made a good decision and the fundamentals have not changed then don't sweat it.

 

As my most favourite WB saying goes...buy like the market is going to close tomorrow for 7 years.

 

imho Phil