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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Jurgis Bekepuris who wrote (28282)9/28/2007 12:34:20 AM
From: Paul Senior  Read Replies (1) | Respond to of 78701
 
TLB Ach. After/or in midst of, heavy duty Italian spaghetti dinner with the accompanying beverages, I reply:

"I got back into TLB today." If I can get tonight's closing price tomorrow, I will add a little more to my few shares also.

"Very tiny position" . Agree. Control risk with position size. Small position for me also. (We might be going into a recession, and the class of people who shop at TLB might hold back.)

"I am not very comfortable with it." Of course. Who is? I cannot match comfort to success. I.e. more comfort doesn't lead to better performance. Seems like more discomfort leads to better results (sometimes).

"I sold a lot of stuff this week." Yes. Looked like the time for me too for a few stocks, so I sold some stuff as well. (OTOH, I have a lot - a HUGE LOT - of stuff I still want to hold.)

"...so I wanted to buy something too." Oh Zen student, it's your wants that will lead you wrong. The stocks must come to you in the flow of life. (-g-)
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Wife says enough for me here. Have to complete the meal now if I can find a glass of grappa. Ciao.