Do the Finance one now.....for all of us budding "Buffettologists" . . .
Per the good Mr. Warren Buffett, repeat 100 times after me:
"Sell the Fannie Mae (NYSE: FNM)
Sell the Fannie Mae.
Sell the Fannie Mae."
I know he said when he bought it, "I will hold it forever".
But then . . .
Things changed.
"Sell the Fannie Mae.
Sell the Fannie Mae.
Sell the Fannie Mae."
Life comes at you fast -- for better or for worse -- but mercifully, by nature's design, only one day at a time.
The artform -- as defined by our own humanity -- is our ability to deal with it.
P.S. Me? I'm gone from FNM seven years ago on its three-point bounce -- one green price change on my screen of red -- when the market reopened four days after 9-11. I didn't understand that manufactured strength then, and I understand it now only in the 20-20 hindsight of premature short-covering. But I saw it, and I pulled the trigger on tens of thousands of shares. One of the great trades of my life.
. . . 
Hybrid Mode
