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Pastimes : ASK Vendit Off Topic Questions
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To: freeus who wrote (17869)1/5/2001 9:05:11 AM
From: Justin C  Read Replies (1) of 19374
 
Apparently most people did not take their gains last winter and sold in panic at lows this fall.

Perhaps many investors "sold in panic at lows this fall", but I can't think of any of the successful investors I follow on SI who did what you describe. It seems to me that a common characteristic of the successful investors on SI is that they don't allow fear to drive them to sell. I'm thinking of the usual "suspects" -- Uncle Frank, Mike Buckley, Voltaire, Ibexx ...
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