Re:Average stock ownership: 22 seconds
by AndyParkinson on Monday January 10, 2011 @03:19PM
(#2089599)
It is.
Size is Buffett's anchor now. If you give him a small amount of money, say $50Million, I think he'd do wonders with it.
I model my investing style after what he was doing about 10 years into his career and its worked out well for me with very little stress. The only reason I sell is if I find something that looks like a better value, but even if I'm right to move elsewhere the taxes make me question my decision every time.
Size is Buffett's anchor now. If you give him a small amount of money, say $50Million, I think he'd do wonders with it.
I model my investing style after what he was doing about 10 years into his career and its worked out well for me with very little stress. The only reason I sell is if I find something that looks like a better value, but even if I'm right to move elsewhere the taxes make me question my decision every time.