Is Buffett Really Losing His Touch? [View article]
Consider_this - You have hit the nail on the head sir! I could not agree more. A little note to those buy-and-hold (and forgettabou'dem) merchants who naively and blindly follow the "wisdom" of the Shepherd Buffett : If you don't plan an entry and EXIT strategy then you ain't gonna make any money! I know this from personal experience having advised my own father about taking profits on the stocks he has owned for over 20 years (like BG Group BG.L) which is up over 400% since 2003 alone. Remember Warren Buffett has had the benefit of being able to buy stocks over 40 years ago and was "lucky" (yes lucky) that some of his good investments have risen exponentially over that time. For many young/middleaged/retir... investors they will not have had Buffetts experience or luck and unfortunately have had their stock portfolios obliterated in the past year. Timing is not just important, it is CRUCIAL to making money from the stock market. Buy-and-hold merchants wake up and do some homework.
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Consider_this - You have hit the nail on the head sir! I could not agree more.
Nov 12 12:48 pm
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All Comments by DeltaHotel »Is Buffett Really Losing His Touch? [View article]
A little note to those buy-and-hold (and forgettabou'dem) merchants who naively and blindly follow the "wisdom" of the Shepherd Buffett : If you don't plan an entry and EXIT strategy then you ain't gonna make any money!
I know this from personal experience having advised my own father about taking profits on the stocks he has owned for over 20 years (like BG Group BG.L) which is up over 400% since 2003 alone.
Remember Warren Buffett has had the benefit of being able to buy stocks over 40 years ago and was "lucky" (yes lucky) that some of his good investments have risen exponentially over that time.
For many young/middleaged/retir... investors they will not have had Buffetts experience or luck and unfortunately have had their stock portfolios obliterated in the past year.
Timing is not just important, it is CRUCIAL to making money from the stock market.
Buy-and-hold merchants wake up and do some homework.