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Berkshire Hathaway Inc. Message Board

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  • bobo21029 bobo21029 Jul 9, 1998 8:57 AM Flag

    Jim - Dollar is always a dollar?

    You don't make a dime until you sell.....and you
    don't LOSE a dime until you sell either. When to cut
    your losses and get out has been a lot harder decision
    in my experiance. I was up 250% on Food Lion
    Supermarkets back in the 80s when they got hit with a tainted
    meat scandal. The stock dropped like a stone on insane
    volume and I could/would not let go. When I finally sold
    a year later the opportunity costs of holding had
    made the losses even worse!!

 
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