Whenever in doubt, please refer what legends have said. I am just reproducing what Mr Warren Buffet said. It applies in this context. Instead of worrying about so many things like technical charts, qtrly results, half-yearly results, cash balances, other income, etc , lets ask one question Is it a wonderful business to be in. If yes, dont waver. If No , just sell and forget.
“That factor so overrides anything else. If you’re right about the business, you’ll make a lot of money … the timing part of it is a very tricky thing. I don’t worry about any given event if I have a wonderful business … With a wonderful business, you can figure out what will happen, you cannot figure out when it will happen. You don’t want to focus too much on “when”, you want to focus on “what”. If you’re right about “what”, you don’t have to worry about “when” very much”.
It is the business where the cost of final product is not expensive for a consumer but a necessity and in addition to love factor. Just compare AIA.
Has any factor changed the tag ” wonderful busines” . Then highlight that factor .
Rgds,
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