Money and Finance
Peter Cundill on selling too early
From
There's Always Something to Do:
This is a recurring problem for most value investors – that tendency to buy and to sell too early. The virtues of patience are severely tested and you get to thinking it’s never going to work and then finally your ship comes home and you’re so relieved that you sell before it’s time. What we ought to do is go off to Bali or some such place and sit in the sun to avoid the temptation to sell too early.
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Peter Cundill On Statistical Overvaluation
From There's Always Something to Do: I almost stopped selling Japan short in the last quarter of 1989 because I couldn’t stand it anymore. But intellectually I was convinced that I was right and so I carried on and then in the first quarter of 1990...
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Miguel Barbosa Reviews “there’s Always Something To Do”
Via Simoleon Sense:I haven’t reviewed a book in a while but this book deserves a mention (make that two). I’m talking about, “There’s Always Something To Do - The Peter Cundill Investment Approach”. I received the book last week and finished...
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Recent Buy
To close out May, I decided to go on and purchase some shares of Chevron. I've been eyeing shares for a while now and finally pulled the trigger. I think I was early on the purchase because there's still about 2.5 more months until the next...
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Recent Transaction
Yesterday I sold a call option on some of my shares of HAL, ESPP shares. In early January, the latest purchase went through adding almost 200 more shares to my position. As to be expected I'm way overweight my employer's stock so I'm trying...
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Sell Or Not To Sell?
Okay, we all have stocks which are not doing well and stocks which are doing very well. As I wrote before, for me it's always very hard to pull this trigger and sell my winner... I know that lots of dividend stock investors think that we need to...
Money and Finance