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
$8.69 |
Change
0.080(0.93%) |
Mkt cap ! $6.615B |
Open | High | Low | Value | Volume |
$8.63 | $8.69 | $8.63 | $3.207M | 370.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 996 | $8.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.70 | 24988 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 207 | 9.000 |
1 | 287 | 8.710 |
5 | 1649 | 8.700 |
2 | 181 | 8.690 |
3 | 1081 | 8.680 |
Price($) | Vol. | No. |
---|---|---|
8.600 | 308 | 1 |
8.680 | 1639 | 2 |
8.700 | 23080 | 7 |
8.710 | 3902 | 2 |
8.740 | 12674 | 4 |
Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
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