The advice "you never go broke taking a profit" is foolish.

The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.

If you buy the things you don't need, you will soon be selling the things that you need.

You pay a very high price in the stock market for a cheery consensus.

My net worth is the market value of holdings less the tax payable upon sale. The liability is just as real as the asset unless the value of the asset declines (ouch), the asset is given away (no comment), or I die with it. The latter course of action would appear to at least border on a Pyrrhic victory.

I am out of step with present conditions. When the game is no longer played your way, it is only human to say the new approach is all wrong, bound to lead to trouble, and so on. On one point, however, I am clear. I will not abandon a previous approach whose logic I understand ( although I find it difficult to apply ) even though it may mean foregoing large, and apparently easy, profits to embrace an approach which I don't fully understand, have not practiced successfully, and which possibly could lead to substantial permanent loss of capital.

Beware of geeks bearing formulas.