Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 212.18

-1.7%

Jan 30 9:30 AM EST

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To: Kirk © who wrote (27059)	1/18/2026 11:39:42 AM
From: Elroy	Read Replies (1) of 27216

Hmmm, some thoughts on your responses..... Not taking my cost basis out of a telecom fund I bought in the early 90s when it soared like 10x by 2000. What does your cost basis have to do with anything? If the fund went up 10x, and seemed overvalued, you should have sold the entire thing. Cost basis is like sunk cost, once it's spent, it's fairly unimportant to a future decision about the holding. Your goal is for your money to go up, from wherever it is today, and your cost basis from 1 day, 1 month, 1 year, 1 decade ago has nothing to do with that goal.

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