Daily Price Movement / General Discussion, page-4259

loading up like a MOFO over here.

either have to keep accumulating and be extraordinarily wealthier, if she keeps climbing longer term, and/or gets back to the $13-14 range, otherwise I'm going to lose money I don't need but only if she busts.. the latter is highly improbable IMO

either way, I've been through this so many times and out of 12 stocks I hold, only two are in red, and only 1 has cost me a paper loss in the last 5 years +

easy game for the brave... but is always a nice but tormenting mental position to think "what if I sold a huge parcel at $14, and bought back at $8.50, or the other side of the coin, what if I bought APT at $20 (even when you thought it was expensive) and sold at $100?


as Charlie munger says best
"if you're not willing to react with equanimity to a market price decline of 50% or more, two or three times a century, then you're not fit to be a common shareholder and you deserve the mediocre result you're going to get compared to the people who do have the temperament, and who can be more philosophical about these market fluctuations"

I can only comment on the health of my portfolio and the shares I hold, and have been very grateful for the last 10 years with the only stock I have sold (at a heavy loss) was Webjet (couldn't underwrite my portfolio for the risks associated with Thomas cook or Covid) and a small biotech.

dyor, not investment advice and my opinion only