For the record, I don't do trends. I don't time the market. I'm not a fortune teller and I don't like trading costs. I hate paying taxes just as much as Warren Buffett, but I'm willing to pay up and pay my fair share to society. I love good government, but I don't like taxes for traders.
I drive by fundamentals only. When I said I was long on Blackberry, that meant five years at minimum. So far, it's been about 8 months, hardly enough time to get on a first-name basis with Chen. Unless the story changes, and it's only gotten better and clearer to me, there would be no reason for me to jump ship.
I don't participate in market folly. Mr. Market is not my guide. He is by retarded business partner. I profit from his folly.
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