This is my favorite quote from my favorite book on investing, 'Reminiscences of a Stock Operator.' There are many superior investing texts available although this is my favorite.
"It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying or selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine--that is, they made no real money out of it. Men who can both be right and sit tight are uncommon."
I plan on sitting tight on this one for at least another 10 years, come what may.
ADO Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
