Message Font: Serif | Sans-Serif
 
No. of Recommendations: 4
Of course, both of those things could easily happen tomorrow.
So why aren't you selling today?

Or, just as easily, Uncle Warren might stay at the top of his game for six more years, BV might grow at 10% till then, and price might happen to fall at a not-at-all-crazy 1.6 X Book at that particular juncture...
... in which case you'll find yourself sitting at your computer one day in the winter of 2018, saying,

"Goddammit!!! Why the hell did I get nervous and sell my entire BRK stake at $155K, when it's quoted today at $314K ??!!

What the hell was I thinking??!!"

It's not nearly as simple as you'd like to make it.
Print the post  

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 Glassdoor #1 Company to Work For 2015! 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