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Strategies & Market Trends : Value Investing

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To: LauA who wrote (18760)2/27/2004 11:21:02 AM
From: Paul Senior  Read Replies (1) of 78740
 
LauA. Man, I need to capture some of your good attitude regarding stock sales. It's not my buys or buying ideas that're giving me trouble and pain now - it's my sells. Goes to my observation that the worst mistake to be made in today's market is to sell. I was wrong to sell YUM recently on Avian virus in Asia (no affect apparently on YUM's KFC franchises); I was wrong to trim MGAM position recently (ouch)and CZR, wrong to cut back on ANF during its recent drop, wrong to snip ARW.

I've still got some of your old picks on my watch list. They've continued to do well - some exceptionally so, imo. (Sorry I wasn't and am not now in 'em). Maybe you never look back; if so, sorry to mention this.

finance.yahoo.com

I would've believed that after so many years of investing I would've gotten over this kind of emotionalism. But no. :>/
grrrrrrr.

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And since I'm reinvesting funds, I have now the additional possibility of losing a second way by seeing my purchase decline after I buy.
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