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larrybaz

03/15/05 1:06 AM

#6796 RE: deathtotaxes #6792

Deathtotaxes:

I am not looking to make fair comparisons! I just want my experiment to be successful!

To be perfectly honest, I have not practiced the buy and hold strategy. It goes against my value investing nature. When a position is not a "deal" any longer I usually unload.

But it is almost painful to watch a stock like HANS, which I bought in the single digits and sold in the teens, close at over 50 bucks today.

It is extremely hard for me and most people to hold onto a position after the price gets way ahead of the earnings.

By being forced to never sell a position, this experiment is my way of doing "violence to the will" as Schopenhauer would say.