Post #12792 by Baybrooke on the Berkshire Hathaway board

If someone appears to be repeatedly personal, lean towards patience as they might not mean offense. If you are sure, however, then do not deepen the problem by being negative; instead, simply place them on ignore by clicking the unhappy yellow face to the right of their name.

- Manlobbi

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤

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For me, it has always come back to just hold the damn stock!

For those that don't need to sell for living expenses and are still in the accumulation phase of life, I think Buffett's "think like an owner" is easier advice to follow than above, although Munger I am sure meant the same thing. All the hand wringing will melt away and clarity will dawn if you simply "think like an owner". Selling will not even occur to you as long as the business is thriving and long term prospects remain good.

The price squiggles are a mirage. The only thing that matters is whether the business stays on track to generate 5-7% Real value annually for decades to come, and that's the main thing to keep an eye on. The price will more or less keep up with the value and everything will be fine in the end.

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