Posted by calvintaneng > 2015-01-04 23:16 | Report Abuse

Excellent

Market declines should cause us to check and double check whether we have miscalculated in our investments.

If we are assured that the fundamental has not changed then the fall in prices present a great bargain opportunity indeed.

Only on this criteria of CERTAINTY we should be Greedy and even Buy More!

To be able to do so We Must Disengage from the fearful crowd like Warren who chose to live in Omaha - far away from the maddening crowd of Wall Street.

Posted by Simple man > 2015-01-05 00:09 | Report Abuse

Cut loss still of price decline more than 3/4 cost, to protect capital still the wise act.

Posted by calvintaneng > 2015-01-05 01:30 | Report Abuse

Yes, cut loss by all means if you don't know what you invest in.
How in investment IF YOU REALLY KNOW FOR CERTAINTY, you don't cut loss but buy even more at depressed prices!

I bought PM Corp at 25 cents, and as price dropped and dropped I loaded up more and more

The lowest price I bought was at 7.5 cents.
At 7.5 cents PM Corp had crashed by 70% from 25 cents.

This monday trading begins at 36.5 cents for PM Corp which is still in my port folio. I expect to see it cross 50 cents someday. I don't know when, but I'll wait.

If we buy VALUE, Value remains there forever until it surfaces some future day.