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.
Technology Stocks : Intel Corporation (INTC)
INTC 34.72-2.3%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: xstuckey who wrote (75556)3/5/1999 5:48:00 PM
From: Michael Bakunin  Read Replies (1) of 186894
 
X,

If I feel a stock is significantly above fair value, I sell it. Were that position 100% embedded gains and 100% of my capital, I'd sure work hard to minimize taxes. But I wouldn't hold and pray.

My technique (#reply-7842778) keeps you in stocks, and gets you out of your position without realizing gains. You can hire State Street, among others, to do it. Fees and transaction costs are trivial compared to one-fourth of a large, substantially appreciated position.

However, I finally understand your point. It is encapsulated by your implication that Intel's stock will outperform in the future. If I thought so, I'd stay long, too, but I disagree. Mark your calendar; we'll revisit our respective strategies in five years.

mb
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