Replies to post #6460 on Banro Corp. fka BAA

[oldberkeley]

Sounds like a good plan.

I certainly don't mean for this to sound judgemental or elitist, but many traders just can't afford to have things sit and percolate. They need the money now. In these times of high-frequency trading, that's especially hard: a computer using algorithms will beat you in the short run most of the time. The long run is where retail traders have their best shot.

A few years ago I had $500K worth of a small regional bank. I held it through thick and thin, through some very dark times, for 18 months. Most weeks I just didn't even bother to look at it! Finally got a double out of it, made my year.

I don't doubt what you're saying, I just don't know if I want to embark on a similarly long journey with BAA. :-)