Management’s Role in Buying and Selling Avoid Emotional Trading

Trading to Allow Long-Term Trends to Happen

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If we’re right on the long-term trends, our bias is to stay with a trade for many years to allow that to happen. We try to avoid getting itchy every time something hits a new high – a stock that goes up a lot over time, by definition, is frequently hitting new highs.
Source: http://www.valueinvestorinsight.com/

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