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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (14991)3/28/1999 11:56:00 AM
From: Charles Tutt  Read Replies (1) | Respond to of 64865
 
Re: "buy low sell high."

Another old saw is "cut your losses and let your profits run." Had I tried to time the market, I might very well have sold the SUNW I bought in the 20's when they hit 40.

JMHO.



To: Haim R. Branisteanu who wrote (14991)3/28/1999 6:36:00 PM
From: Walter in HK  Respond to of 64865
 
Because you have not read Warren Buffett

>>Have not heard the saying of buy low hold forever <GGG>.

A quote from "Quotes of the Chairman" (being the sage of Omaha)

"Our favorite holding period is forever"

Financial Review March 17 1989 , reprinted from the NY Times

I too like the Bible and Ulysses for the distilled wisdom of the past, but there was no stockmarket. I don't think the Fat Eggs were traded.

Warren Buffett accumulated the most on the market by investigating carefully. He believes, ideally, one should have 20 times at bat, in a lifetime.