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Intuitive Surgical, Inc. Message Board

  • splaintome splaintome Oct 25, 2012 10:05 AM Flag

    Buffet's advice...

    I can't imagine a more appropriate rational for buying and holding ISRG....

    "If you had a good business personally, a local McDonald's franchise, you wouldn't think of buying or selling it every day.

    "Now, when you own stocks, you own pieces of businesses, and they're wonderful businesses. You can pick the best businesses in the world.

    "And to buy or sell on current news is just crazy. You're in a wonderful business. You've got people running it for you. You know you're going to do well over five to ten years. And to think news events should cause you to dance in or out of something that's a wonderful game is a terrible mistake.

    "So, get into a bunch of wonderful businesses and stay with them...

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