PNV 3.57% $2.43 polynovo limited

Ann: Director Share Purchase - David Williams, page-15

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  1. 458 Posts.
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    "During the extraordinary financial panic that occurred late in 2008, I never gave a thought to selling myfarm or New York real estate, even though a severe recession was clearly brewing. And, if I had owned 100% of asolid business with good long-term prospects, it would have been foolish for me to even consider dumping it. Sowhy would I have sold my stocks that were small participations in wonderful businesses? True, any one of themmight eventually disappoint, but as a group they were certain to do well. Could anyone really believe the earth wasgoing to swallow up the incredible productive assets and unlimited human ingenuity existing in America?"

    https://www.berkshirehathaway.com/letters/letters.html

    Case in point: PNV.
 
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