To: Paul Senior who wrote (49824 ) 10/19/2012 2:14:24 PM From: Sergio H 2 Recommendations Read Replies (1) | Respond to This quote comes from an interview with Graham published in the Financial Analyses Journal: The investor should have a definite selling policy for all his common stock commitments, corresponding to his buying techniques. Typically, he should set a reasonable profit objective on each purchase--say 50 to 100 per cent--and a maximum holding period for this objective to be realized--say, two to three years. Purchases not realizing the gain objective at the end of the holding period should be sold out at the market.http://www.bylo.org/bgraham76.html This quote comes from an interview with Graham published in the September 20, 1976 edition of Medical Economics. "Max holding period of 2 years"frankvoisin.com I think this is a website you use:Graham further recommended building a portfolio of 30 diversified stocks meeting such criteria. His study employed strict sale rules that required selling the stocks after a 50% gain or after a two year holding period, whichever came first.gurufocus.com This is from the American Association of Individual Investors website:Sell DisciplineGraham suggested that investors set a profit objective when buying stocks, and he thought that a 50% profit goal should provide good results. Under this rule, a stock is sold once it is up 50%. Furthermore, a time limit must be set for a stocks maximum holding period in advance. Graham’s research indicated that a holding period of two to three years worked out best. If you establish a maximum two-year holding period, you would sell a stock after two years if it did not meet its profit objective.aaii.com
