By setting up Berkshire Hathaway, Warren has done everything very rationally.
Ben didn't want to lose money. He had had a rough time during the depression.
Remember that a share of stock represents a part of a business and is not just a piece of paper.
Don't be afraid to be a loner but be sure that you are correct in your judgement.
If the market were way over priced, I wouldn't own any stocks.
You have to be a little aware of the emotions of the people who have invested with you.