Tuesday, October 16, 2012

Oops

Well, while overall my portfolios are having a successful year, I certainly left some serious dineros on the table with my sale of QCOR after one short week.  I ended up making a snappy 13.5% on my "investment", but if I had held out for another week, I would be up 32%!  Not sure what the moral is. It is easy t be scared off your initial thesis to buy. But if you have made sure any individual stock is not an out-sized holding, you should have more confidence to hold, even when there is downside risk (arguably muted due to already low share price). Oh we'll, c'est la vie.

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