[Stu from NYC]

Originally Posted by Cranford61

If he were so astute, he would not need to sell. I’ve done unbelievably well by just hanging in there…doing nothing. Buying 10 sh of BRK in 1992 a $16,600@ was helpful. Thought I was crazy since it had been $8000 earlier that year. If this astute investor was selling prematurely, it was because he had a profit…and no one got rich paying capital gains tax. He had less to reinvest in his next adventure.
Clark Clifford, a renown Washington lawyer, once analyzed a complex deal. His summary was 2 words, “do nothing”. And enclosed a bill for $25,000.

Interesting how well one can do by doing nothing