Valuation post positive results, page-101

It’s awesome isn’t it?

You sell when you sell. Be happy with the profit/loss and move on.

I come back to The Story Of Ronald Wayne. He was a founder of Apple with Jobs and Wozniak. A bit older, with assets and a failed business venture behind him, he felt like he couldn’t risk what he’d built. He sold out about a fortnight after incorporating Apple. For $800 or so. His 1/3 of Apple would be worth.... So, he sold stamps and didn’t regret a thing.

You get out when you feel the time is right. For you. It’s really quite simple. When you get out is the right time for you. Period. Whether that’s at 35 or 60. Or $3.50 at buy-out. It’s all good.