I’m not worried about any rubbing salt into the wound. I’m a big boy. Haha. There is no wound with these prices for Webjet anyway for me. For me it’s always what I value the company at and if it’s a great business. I ignore the market noise. Has worked out very well for me using this approach. If I listen to random people’s opinion I wouldn’t have got REA at $4, MWR for 44c, ISD for 22c, IRI from 40c etc. This is when I think you make the most money. Although there are definitely some shares along the way that I have bought too early it’s generally worked out very well for me. I value Webjet higher than $11 so I start buying when it gives me a good margin of safety which has been triggered. It might keep going lower (actually it probably will) and I’ll keep adding. I like it at $11, I like it even better at $10, more so at under $9. I’ve wait for the bottom of share prices and missed great opportunities (really great opportunities). I just don’t want to miss out on adding webjet to the portfolio.
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