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

To: Paul Senior who wrote (46643)	2/16/2012 4:41:45 PM
From: Jurgis Bekepuris	Read Replies (1) \| Respond to of 78752

I wonder if your view and opinion on a lifetime stock will change after you've gotten 25-30 years of investing experience under your belt We can revisit this in 10 years then. :) I occasionally come across folks who're not much interested in stocks/"the market" but who've bought one or two stocks and just kept them and maybe reinvested the dividends. With the result it's made a significant difference (hundreds of thousands of dollars) to their retirement. Some participation in market is better than no participation at all. If the company is somewhat OK, it might be even comparable to index fund. If company is great, well, then they retire rich. :) If company is bad, .... :(((( I think that you'd have met many more of these folks at the end of 1990's than at the end of 2000's. I won't deny that investing all my money in GOOG after its IPO or in BRK in 1995'ish when I started investing would probably have led me to good/better results than what I did instead. I'd have to double check though ;). But it's survivor bias again. :/ finance.yahoo.com^gspc+ko+msft+goog;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on (not sure this works :)) I agree with one thing - buying a lifetime stock is much less work than haunting SI every day. ;) So, yeah, I and you could be sipping martinis instead of crunching numbers. :P And there is definitely benefit of one decision (or pitch as Buffett says) instead of five thousand decisions in ten years....