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That's true; I missed that nuance. By liquidating

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l_winthorpe   Tuesday, 11/21/17 02:39:04 PM
Re: benfrankledger post# 52
Post # of 69 
That's true; I missed that nuance. By liquidating shares equivalent to his original purchase, he is essentially playing with House money.

Though, to be fair, if one could earn a higher ROR with that same investment, it would behoove him to liquidate his entire holdings. But now we are just getting into philosophy as investment decisions are nowhere near as simplistic.

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