You have to be a little aware of the emotions of the people who have invested with you.

You know, people tend to like to buy companies that are doing well.

Devise a simple strategy so you can sleep at night.

Fear and greed tend to affect one's judgement.

We basically followed the idea of buying comapnies selling below working-capital - at two thirds of working-capital.

Try to look for weaknesses in your thinking.

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