Selling a good company is often a difficult decision for investors, but many believe that there is a simple answer to this complex question - never. This philosophy of never selling a good company is rooted in the belief that a good company will continue to perform well over the long term, providing steady and reliable returns for its investors. In addition, selling a good company can be emotionally charged and often leads to irrational decisions based on short-term market fluctuations.

One of the key reasons to never sell a good company is because of its proven track record of consistent performance. Good companies have a history of delivering steady returns, even during difficult economic conditions. As long as the company continues to perform well and there is no reason to believe that its success will come to an end, it makes sense to hold on to the investment. This can provide investors with peace of mind and a sense of security, knowing that their money is invested in a reliable and trustworthy company.

In addition, selling a good company can trigger capital gains taxes, which can eat into the returns that the investor has earned over time. It is important to consider the long-term impact of selling a good company, including the potential tax implications, before making any hasty decisions. By holding on to a good company, investors can minimize their tax burden and maximize their returns over time. Overall, the philosophy of never selling a good company is based on the belief that a good company will continue to perform well over the long term, providing steady and reliable returns for its investors.