"I'm just taking a little profit off the table."


That sentence has capped more wealth than almost anything else in investing.
You found a great company. It ran. So your gut says sell some and lock it in.
You just sold the exact thing that was making you money, to feel safe for one afternoon.
The entire point is to find elite companies and let them run for DECADES. Trimming your winners every time they're up is how you end up holding a pile of mediocre stuff you were too nervous to let grow.
I don't trim just to trim.
I trim when it makes sense to from a fundamental standpoint.
Not my percent profit that means nothing.
The market doesn't't know or care about your entry price.
So why make trades based on that...
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