Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next
Author: nilvest One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 469  
Subject: Re: Valuation concerns Date: 8/30/2012 1:58 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
I wouldn't be able to sleep if I sell DDD and SSYS just becuase price has gone up a little (Ok its more than doubled in a year but I am comparing to its potential).

Reminds me of a story in the famous book "Reminiscences of a stock operator" by Edwin Lefvre. I can't recall exact words and describe here but it was simply that only when one is old and experienced (of many losses.. Like myself) that one realizes the value of holding on (rather than selling). I am literally feeling that.. Earlier in the year, I sold MELI and literally couldtne sleep for few days, so I bought back.

Don't get me wrong, I sold half of my positions this year but they were all because I found I didn't believe in those businesses or those management anymore. For DDD,and SSYS, there is a long way to go before I think of selling.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (4) | Ignore Thread Prev | Next

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement