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Never buy to sell

  • By Alan Knott-Craig
  • October 17, 2016

entrepreneur-buy

 

Unless it’s your business, never buy to sell.

 

If you make a living selling houses, fine. Buy a house to sell it later.

 

If you make a living selling shares, fine. Buy a share to sell it later.

 

If you make a living selling fruit, fine. Buy a fruit to sell it later.

 

Otherwise, never buy to sell. Buy to hold forever.

 

If you can’t buy and hold, don’t buy at all.

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