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QVM Group's
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Tom,
Jun 30 19:08 pm
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All Comments by QVM Group »Some Advice from Warren Buffet for Difficult Times [View article]
You may be right, but it is important to differentiate between holding forever, regardless of the facts, and holding steady during a storm with companies that continue to earn your confidence in general. That is perhaps the more important message. The fear reaction is so strong that investors tend to dump at the worst time and then fail to reopen positions they like until much of the loss they took has been recouped by the market, but not by the investor.