Day to day discussions on S/P, page-7454

Well Bella 3 to the fourth, that’s disappointing for you and I also have had many losses on the market over the years. However, it’s all relative. If you invested a million dollars at say $1.10, then yes, particularly painful, though, if you believed in the fundamentals you might have averaged down??

I am not a fan of charting. Said it many times previously. It’s a fools’ game. You need, if serious, to understand what you are investing in and the realistic value. If that stock value spirals down you need to grit the teeth and hold on or if able keep buying and average down, if you believe that stock is undervalued.That’s my view of this world and I am sticking to it. It’s not too different to what Buffet has done, although, I am an L plater in that respect.

I just do not think we are anywhere near true value at present. Time will tell.