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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: SliderOnTheBlack who wrote (26106)7/21/1998 11:11:00 AM
From: marc chatman  Read Replies (1) of 95453
 
Good post. Long term perspective is the key. Someone like Buffett (not Buffett himself, of course) would come in and buy these companies outright here and hold forever.

I don't mind holding onto these stocks for years in order to realize the potential. My best investments are the ones I've held for long periods. I'm just a little disappointed that I misjudged the extent of the sell-off and bought a little early.

I think SI, for all the good it does as an investment forum, does a lot to foster a very short-sighted mentality. SI is littered with the corpses of a lot of "investors" who, despite their best intentions, couldn't hold onto a long term perspective.
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