AGM, page-10

Part of what you must learn is how to handle mistakes and new facts that change the odds. Life, in part, is like a poker game, wherein you have to learn to quit sometimes when holding a much loved hand.” – Charlie Munger

The fact that I have no holding is a constant *** argument I come across on HC. If Warren Buffett advised against a company and showed you significant red flags as to why, would you then trot out and say, "nah mate, shutul, you don't own any shares"?

I USED TO have a holding BRL but sold out BECAUSE THE STORY CHANGED. No sour grapes here - last I checked I banked a healthy profit and moved on to greener pastures because I recognised that sentiment had significantly changed in the market. 40% declines in SP don't mysteriously happen for no reason!