Buffett said: "If you do not want to hold a stock ten years, then you do not hold it ten minutes." My understanding is: you hold a stock, they should calculate roughly the next decade profitability. After the count, feeling very cheap, then buy it. Clear enough, a company is not easy, so you will not earn a percentage of 30-50 to sell a good company. Down, it will continue to buy or hold it tighter. Of course, when you buy, do not buy just a little.
- Appropriate price to buy the outstanding shares in the company, so the time to maximize the value
- Less agonizing, slow is fast
