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<p>[QUOTE="Cloudsweeper99, post: 1442814, member: 3011"]If you buy stock in a company with good financials [which for me means low debt and positive cash flow] at a cheap price, things usually work out over time even if it goes lower immediately after you buy it. I recall Warren Buffett saying that he bought stock in the Washington Post at about 25% of its value in a private acquisition, and it still went down 50% after he bought it. But it worked out as one of his best purchases over time.[/QUOTE]</p><p><br /></p>
[QUOTE="Cloudsweeper99, post: 1442814, member: 3011"]If you buy stock in a company with good financials [which for me means low debt and positive cash flow] at a cheap price, things usually work out over time even if it goes lower immediately after you buy it. I recall Warren Buffett saying that he bought stock in the Washington Post at about 25% of its value in a private acquisition, and it still went down 50% after he bought it. But it worked out as one of his best purchases over time.[/QUOTE]
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