Member Info for BuddsoddiCymru

It’s up nearly 28% YTD. I wouldn’t say that’s a grim year.

Yes. It’s called averaging down.

I’m far more interested in the business itself than the share price. If you can’t handle drawdowns in high quality businesses, then long term investing isn’t for you.

Alternatively, buy a whole lot more as it’s trading at a discount.

The market isn’t efficient.

Sell*

Agreed. Why anyone would see now is beyond me.

“Water the flowers and cuts the weeds” springs to mind.

That article says a whole lot of nothing

I wouldn’t fall into the trap of ignoring a very good business based on an arbitrary PE number. Many strong businesses have compounded over a number of years at high PE levels.

Nobody ever knows.

A bad investor worries about the share price dropping because he has no conviction in his original thesis for the company. A good investor sees a dropping share price as an opportunity to purchase more shares at a better value.

If you’re consistently concerned about the share price then you should probably sell and leave the rest of us to purchase more at a better price.

As always Roger, I always get a good laugh at anything you say. Perhaps the most temperamental person on this forum.

Selling whilst the stock price is down is why you'll not be a successful investor.

The whole market is down, stop panicking. It's likely institutional algorithm activity.

I guess we have different methods of investing. If I see my holding in the red, but nothing has changed in terms of my original thesis for purchasing the stock then I am certainly buying more at a cheaper price.

If you’re concerned about the day to day movement of a share price then I don’t think investing is for you.

Based on what exactly?

With the current low SP, buy backs are an excellent capital allocation strategy.

Roger, do you have anything better to do with your life rather than antagonise people on these threads? I come here to see the general chat on my one speculative holding, and all I see is your foul language and ad hominem attacks on others. If you're a grown man, I suggest you grow up.

Why would you sell when the share price is down? That makes no sense.

Financials are good, strong management team, growing market. Stop looking at the share price chart and think long term.

In the short term the market is a voting machine, but you’re investing in the business and not the share price chart. Perhaps you should sell if you cannot invest for the long term.

So invest in other semiconductor companies?

The day to day trading should not concern you when investing.