Value Investors are those who like to buy stocks that are selling below net tangible assets, selling at a discount to book value, below the intrinsic value with a wide margin of safety, etc.
OK, you people are great at buying.
Since I’m not a “Value Investor”, I’ve a question to ask you all:
“When do you sell? When the stock is fully valued? Or when it’s overvalued?”
“Or you never sell even when it’s overvalued? You just buy and hold till the price drops back down to your original purchase price?”
Singapore Man of Leisure (welcome to my blog; just google it!)