I can see your point of view, but your ideas about what it means to invest or "Buy and Hold" as you put it are wrong. Value Investors do have exits, but those exits are fundamental to the cash-flow producing Asset. Basically to answer your question if Google falls 99.9999999 percent, while still remaining fundamentally as profitable as it was when i bought it at $700, i will buy the whole company. Who wouldn't want to acquire 10 billion dollars in profits for a few dollars.
I am assuming that this advice is for "stock trading" rather than investing. I bought gold at $400 an ounce as an "investor" not as a trader. If I had sold on every 10% dip and purchased on every 5 or 10% uptick, I'd be MUCH worse off than I am today. I knew where my investment was going although the road was not at all straight.
I can see your point of view, but your ideas about what it means to invest or "Buy and Hold" as you put it are wrong. Value Investors do have exits, but those exits are fundamental to the cash-flow producing Asset. Basically to answer your question if Google falls 99.9999999 percent, while still remaining fundamentally as profitable as it was when i bought it at $700, i will buy the whole company. Who wouldn't want to acquire 10 billion dollars in profits for a few dollars.
ceed4eva 1 year ago
I am assuming that this advice is for "stock trading" rather than investing. I bought gold at $400 an ounce as an "investor" not as a trader. If I had sold on every 10% dip and purchased on every 5 or 10% uptick, I'd be MUCH worse off than I am today. I knew where my investment was going although the road was not at all straight.
Icriedtoday 1 year ago
@Icriedtoday gold isn't the same as a google share. There will always be another google around the corner.
roger767 1 year ago
Thanks Guys - we still can't have your film in UK/Europe on itunes - a bit annoying really.
Cheers Mic!
operateur007 1 year ago
good video guys !
techwealth 1 year ago