shaky market, page-4

"Clark some of us scaredy cats expect another 7-8% fall maybe not rational but as we know the market is comprised of irrational people just like moi"



Its all psychological revelscat.
I bought my house 21 years ago, and as we speak, i dont know what its price is minute by minute. I dont know whether I am richer or poorer than 5 minutes ago.
And I dont care.

Why should it be any different with shares of BHP.
All I know is that the man who owns 10,000 shares of BHP, is richer than the man who owns 1,000 shares of BHP, and if I had enough money to own *all* of BHP, I would be rich enough to not care whther it would be worth $200 billion or $150 billion at the end of the year.

Think *good assets* and think *long-term*.
If BHP falls by 20% and you think they are a *good* asset, instead of moping about the value of your existing BHP shares falling by 20% just buy some more of the bl00dy things !