Subject: Re: OT mostly: forevers
That really is the key, and the only reason I have been able to hold Berkshire for so long. I usually have a vague idea of what it's worth, which keeps me from panic selling when the quote is way under that. I just figured that as long as the company did not become permanently impaired in some way, that the stock price would eventually reflect the value if I waited long enough.

With an index, I don't think I would've been as patient.