I haven't sold a share. In fact, have been buying here and there. I'm an original dyed-in-the-wool LTB&H investor. My MO is to find a a company with tremendous prospects, research the bejesus out of it, buy, then hold for at least four or five years. Bought INTC, MSFT, and CSCO this way. Had great returns on them, but sold them all to buy Q in '99.
Presently hold a large [by my standards] position in Q, a smaller one in Texas Instruments, a small one in Ciena, and an utterly speculative small position in DeCode Genetics. Also control, but don't own, a small family position in Nokia which will eventually be mine. Lest you think I'm not diversified, also own conservative mutual funds in retirement accounts. My firm's retirement accounts are set up so that it is impossible to buy individual stocks, only mutual funds. And it's going to stay that way.
I'm looking to sell Nokia presently and waiting for a good exit price. Probably will let go of it at around the $28-32 level. |
