Hm, Enron and Worldcom were wonderful too. I don't think it's possible to know for sure. Yes, GE and BA have enormous moats but it might be years before their stocks recover.
On Jan 07 05:08 PM Freund Investing wrote:
> Terry, GE and BA are both wonderful companies. I would have doubled > down, and doubled down again, and continued to do so.
Hah, I started buying TBT at 62 and still 25% down. I was too early. They key is wait for the market to confirm your thesis. And use stops for god's sake.
Losing Trades: When to Double Down [View article]
I don't think it's possible to know for sure. Yes, GE and BA have enormous moats but it might be years before their stocks recover.
On Jan 07 05:08 PM Freund Investing wrote:
> Terry, GE and BA are both wonderful companies. I would have doubled
> down, and doubled down again, and continued to do so.
Losing Trades: When to Double Down [View article]