Honeycrisps eh? YOu've turned me right around....I was going to try red delicious.
i may be selling apples right next to you... today though... it's looking more like we will be doing much better than that... i am no expert in timing the market, but i do know a thing or two about valuing a company... and i have also been around long enough to know, having learned from hard won experience, that short-run market movement has very little, sometimes nothing at all, to do with the underlying value of a company... i know this seems counter intuitive... but it is reality... Warren Buffet - "In the short term the market is a popularity contest; in the long term it is a weighing machine."
There are people who might call us crazy for being all in one stock... and maybe we are... just plain crazy or crazy like a fox... but we have good company... our buddy Warren built his fortune in just this way... consider the following marvelous article from nanocap investor Ian Cassel... well worth the read and linked below...
And just remember... “The first $1 million is a bitch”... so we will either get there together with this one... or we will find ourselves selling apples next to each other on a corner somewhere... i'll be selling honeycrisps... they are the best apple after all... jmo... glta...
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