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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Mike from La. who wrote (35294)1/18/1999 8:31:00 AM
From: JungleInvestor  Read Replies (1) of 95453
 
Excellent!! Ben Graham would have loved the OSS stocks at these valuations. Those who are holding OSS stocks for the long term (2 years or more) can sleep very well at night knowing that they will eventually be rewarded with extraordinary returns. There is no need to worry about the day to day fluctuations. There was a funny and appropos cartoon in the San Diego Union Tribune a while back. It showed the facial expressions of an investor looking at quotes for his stocks. The expressions ranged from ecstasy to indifference to horror - in one day (it was probably an internet investor). Warren Buffet does not have a ticker tape machine and does not worry about these short term fluctuations. His only interest is finding undervalued companies to invest in FOR THE LONG TERM.
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