30 June 2016
By Maynard Paton
Happy Thursday! I hope you continue to find my Blog useful… and that your portfolio has fared much better than mine during the Brexit turmoil!
Yes… a few of my shares have been thumped of late and, for me at least, 2016 is fast becoming a somewhat grim year. At the end of March I was down 5% and by today’s close I was down 10%.
I must confess, the decent gain I enjoyed during 2015 now seems like a lifetime ago :-(
Still, markets never go up — or down — for ever.
I mean, Warren Buffett always reckons we should “be greedy when others are fearful”…
…and all that me, you and every other private investor can do in times like these is to simply find decent companies at attractive valuations and just hold them for the long haul.