InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,447.87
(
-0.31%
)
US TECH 100
18,982.40
(
-1.17%
)
Dow Jones
39,411.21
(
0.67%
)
Brent Oil
85.20
(
-0.09%
)
Bitcoin
61,020.00
(
1.26%
)
Post# of 123875
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

NorthWesterner

Send PM Follow Ignore
Followers 7
Posts 2092
Boards Moderated 0
Alias Born 04/13/2001

NorthWesterner

Member Level

Re: MechanicalMethod post# 3662

Monday, 05/06/2002 10:00:41 PM

Monday, May 06, 2002 10:00:41 PM

Post# of 123875
That's the difference. You trade, I invest.

Like Buffett, my basic time horizon is forever. I will sell before then if a stock has already reached what I consider its target price AND doesn't have the potential to continue to grow at the rate I am looking for. But I never buy a stock expecting to turn it over quickly. In the past 10 years I don't think I've had a single short term capital gain, except from mutual funds.



___________________________________________________
Many shall be restored that are now fallen, and many shall fall that are now in honor. Horace

___________________________________________________
Price is a crazy and incalculable thing, while Value is an intrinsic and indestructible thing. G.K. Chesterton

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up