SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Micah Lance who wrote (57475)6/30/2016 3:24:24 PM
From: Graham Osborn  Read Replies (2) of 78751
 
I think it's totally a function of your mental model for value realization and/ or thesis play-out (i.e. "why you bought"). Graham stocks are like ugly ducklings that get their occasional day in the sun, so it behooves you to sell on those days. A growth stock in an early bull trend - maybe you want to hold on for a few years and let the speculative upside mature before you sell. A growth stock in a secular trend - a 10-year holding period might be reasonable. The same applies to bear trends, although timing becomes more important since bear trends are more spiky.

All that said, in every case where I've made 30-40% overnight on a security and not sold, I've regretted it. I used to think I was proving myself a "true value investor" for holding out for full value, but I've since realized certain levels of self-denial are unproductive.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News