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Author: stillwater9999 Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 22976  
Subject: Re: Longest held position Date: 2/9/2013 11:53 AM
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Thanks for all the great examples. Looks like folks had some fun digging out old history. I see that some of the classics (XOM, Colgate) made the list. Stalwarts. Some good diversified funds also a common listing. Not too many techs or e-commerce plays.

It is worthwhile to think about the stocks that can go the distance. When I buy a stock I usually am thinking that I want to hold it for 10 years or more if possible. Hard to hold extremely volatile ones, companies subject to fashion trends, companies in rapidly changing industries.

It is also worthwhile to think about the things I bought many years ago, that have proven to be great long term values, vs. the many things that had very transitory value or were disappointments. One of my favorites is my garden shed made in the Amish country. Cost me $10,000 a number of years ago, but the great craftsmanship have made it a long lasting gem for me...

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