icecube wrote:shrewdinvestor wrote:Did I see someone with a banner reading "i find satisfaction in owning great businesses and not trading them"That is my mantra of late and it has made me money.Buying stocks is a very personal matter.Buy something that will not keep you awake at night.
When you say "i find satisfaction in owning great businesses and not trading them" and say it has made you money, do you make money on dividends alone without trading them?
depends on how you look at it. Have shareholders like dj ck of centum made money though they may not have sold their shares?
The focus should be on whether the underlying business is making money.
I find satisfaction in owning great business,not trading them