Decisions also depend on a few other things. Age, affordability of loss, even entire capital, the weight of such stocks in the portfolio, even in net worth, the ultimate end purpose of such stocks, the ability to not think of past mistakes w.r.t. price and focusing on current things in hand and making the process better, and to add a couple of psychological aspects – knowing one’s self, practicing a bit of equanimity etc.
Some decisions are cognitive based, sometimes there could be some hurdles in reaching the correct decision. Reasons which are not cognitive are emotional, these are not hurdles, but are strong enough to make people question themselves in the future, happened even to the greats. Buffett bought more shares of Berkshire Hathaway because he was angry.
Most of this is personal. If we look back and are satisfied with our performance, I think it is fine.
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