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Just like i have read eslewhere, we should not be greedy...if the maket give you 100% profit, we should sell...because the following year will be 80%, down, then you will end up as long term invester..
$100...100% give $200...next minus 70%..give $60..you lose $40..like current market..
Even Buffet make mistake...his buy and hold tactics are not working at current times...he should have sell insist of buying more...then today his losses will be minimun..
StarLine ( Date: 11-Mar-2009 01:31) Posted:
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Hi,
Interesting article, here.
http://www.reuters.com/article/rbssInsuranceProperty%20&%20Casualty/idUSN0937255420090309
So, what shall we do?
newmoon ( Date: 10-Mar-2009 11:27) Posted:
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THE ORACLE
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WARREN BUFFETT
OMAHA ORACLE
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