Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.

Remember that a share of stock represents a part of a business and is not just a piece of paper.

Timidity prompted by past failures causes investors to miss the most important bull markets.

Book values have some good and some bad features.

I'm not very good on timing. In fact, I've stayed away from it.

Basically, we try to buy value expressed in the differential between its price and what we think its worth.

Earnings can change dramatically. Usually assets change slowly.