In 3Q 2018, I also added to my investment in RHT Health Trust at 72c a unit when Mr. Market got the jitters and the unit price plunged.
The reason for a nervous Mr. Market could be due a cautionary note issued by RHT’s external auditors on its weak balance sheet.
I received messages from readers and my reply to each and every one was more or less the same.
“The cautionary note really was not saying anything new nor was it earth shattering.”
If we sell simply because the share price is declining and we are fearful, that is probably a bad reason.
Warren Buffett said the dumbest reason to buy something is because the price has gone up.
Probably, the dumbest reason to sell something is because the price has gone down …