I am a long-term investor, and as long as I am correct in the long term, the failures in between will only matter because they permitted me to purchase more stock and earn more profits in the end. If the stock was $20 today, I would be happy, but not nearly as wealthy as when it is $10 in a year or so from now.
Eventually, it will be $20 and more, unless it is bought out. I prefer that not be the case, but if it is, I will still celebrate with the other longs.
Gary
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