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It's funny how the truth is probably the opposite, for the average investor. One should make a buy/sell decision based on a medium/long term evaluation of the
by Kurtz79 10y ago
It's funny how the truth is probably the opposite, for the average investor.
One should make a buy/sell decision based on a medium/long term evaluation of the company prospects and try to ignore as much as possible the daily ups and downs.
- pg314 10y agoNot only average investors. Lethargy bordering on sloth remains the cornerstone of our investment style: This year we neither bought nor sold a share of five of our six major holdings. -- Warren Buffet in the 1990 letter to the shareholders [1]. [1] http://www.berkshirehathaway.com/letters/1990.html http://www.berkshirehathaway.com/letters/1990.html