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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Thomas M. who wrote (90705)4/21/2001 6:35:46 PM
From: Dennis O'Bell  Read Replies (1) | Respond to of 132070
 
You raise an interesting question with your SEPR story.

What's the biggest discount anyone has bought back a stock at with respect to previously selling it?

I recently bought some MFNX back at less than 1/10 of what I sold for last spring, never dreamed I'd see the day when I sold it, though I feared it would drop some. And I missed the top by selling too early, I was besides myself with the way the market had been acting...

I doubt I'll ever have the courage to be fully invested in my brokerage account again though, it may even have been a matter of luck that something bad didn't happen with the market from 1999-2000 when I was holding. A lot could have gone wrong, no?



To: Thomas M. who wrote (90705)4/21/2001 10:07:41 PM
From: Knighty Tin  Respond to of 132070
 
Tom, I've always felt that Buffett was the one in a million who made buy and hold work. My style is easier, though it also makes the IRS smile. And I am not sentimental about anything other than what Warren Zevon calls "sentimental hygeine." <g>