If the stock goes down we want to buy more.
Each year we buy stocks and they go up, we sell them and then we try to buy something cheaper.
Before selling, try to re-evaluate the company again and see where the stock sells in realtion to its book value.
Try to look for weaknesses in your thinking.
I helped Ben with the third edition of Security Analysis, published in 1951.
We may buy a little bit of a stock, to get our feet wet and get a feeling for it.