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20)  A Lesson That Passes the Test of Time    July 15, 2013 –
Comments (2)  Board: SA Investing Philosophy  Author: aryan89
One of the greatest lessons I have learned as an investor, but
tend to forget occasionally, comes from one of the greatest
investors history has seen, Jesse Livermore.  His lesson: "A
stock is never too high to buy and never too low to sell."  Over
the last few months, we have continually posted and discussed
the following:  1) "Is DDD to high to buy? It's gone up over
200% since it was first recommended. I think I should take some
profits." -> The stock is at $48 now and is a BBN. 2) "TSLA is
too high. The price does not justify its fundamentals. I'm going
to take my profits (some people did this at $70, some at $90,
etc.)." -> The stock sits at $120 and it is foolish to speculate
where it will go in the coming weeks or months. 3) "NFLX at $215
and re-recommended. Really?"  As investors, we should ask these
questions. I ha