Its the only mental way to think. Nothing has changed. Granted things may be uncertain - but are they ever totally certain? Never.
Ben Graham wrote about it and Warren Buffett lives by it - getting scared when others are too, you will never make money in equities. A concept of following the herd.
The stock may drop again tomorrow or the day after that - but they will not drop forever. We should not expect prices at a particular point of time in a day dictate what we should or should not do. What counts, especially for value investors (which appears to be the good folk on this and the CHO thread) is buying a good business at a decent price and forgetting about it.
Time is the friend of the wonderful business, the enemy of the mediocre.
A time tested principle a value investor should never forget, particularly in deep dark moments.
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Its the only mental way to think. Nothing has changed. Granted...
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Last
$8.90 |
Change
0.070(0.79%) |
Mkt cap ! $6.775B |
Open | High | Low | Value | Volume |
$8.86 | $8.96 | $8.86 | $1.863M | 209.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2978 | $8.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.93 | 5876 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 8.880 |
1 | 2300 | 8.870 |
2 | 1176 | 8.830 |
3 | 2575 | 8.820 |
3 | 4068 | 8.800 |
Price($) | Vol. | No. |
---|---|---|
8.930 | 5876 | 2 |
8.940 | 2000 | 1 |
8.950 | 3997 | 1 |
8.970 | 10032 | 2 |
8.980 | 14 | 1 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
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