AOE 0.00% $4.68 arrow energy limited

Free will,If one sits in front of the Computer all day and watch...

  1. 23,467 Posts.
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    Free will,

    If one sits in front of the Computer all day and watch the swings in the market, chances are that fear will set in at some stage or another and push the sell button in a rushed decision or moment of weakness, most probably to regret it later.

    Hence why I am not looking at what happen in the market during the day, and only find out what happened, late at night when the market doors are closed. As such, I can't make any decisions that I could regret at a later stage.

    Because, and I am a great believer in this, and it seem that dear old Warren Buffett thinks along the same lines as well,, invariably what comes/goes down, will come back up better and stronger than before. Applying that principle over the years has been extremely good to me, believe me. And there have been cases that I made a real motza as well.

    Patience is what one need, and patience is a virtue as well. But, to each his own.

    I own a fair few AOE in both my own trading account (NAB online) and in my super/pension fund. The ones that I hold in the NAB Online Trading only owes me around the 60 cents mark on average. And let me tell you mate, that although I could have sold out at a good profit before, I didn't because I always maintained that AOE was a very good proposition to own and because I thought and believd that one day it could have become another WPL. As such, I will hold until they will take them of my hands forcibly, if and when.

    I am still waiting to see if our Management will come out and tell us as to why they changed their mind and recommendation so quickly and without any explanation.

    Good luck.

    Buddy
 
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