Originally Posted by
Mista_Trix
Hey mate, we've been investing for (kinda, in a noobie sense) about the same period of time. We also seem to have followed the crowd on a couple of the same things - DIL, CNU, and PEB. I've written myself rules - based on several long-term posters who have shared theirs, or those slightly wiser 'younger' posters. While I listened too late on DIL, and watched Moosie (very verbally, to my gain) drive through his pains of losses and then exit. These rules have kept me out of trouble on the other two (CNU and PEB).
I'm not saying they work, or that what I'm doing is right, but without rules, how do you actually know when a company has fundamentally changed? As this game is not just about 'sleeping well at night', but also about capital protection.