Monday, August 21, 2017

Time to quit

One obvious sign of a neophyte investor is the unwillingness to accept a loss. Many times when a stock drops in value the beginner will hang on to it in the belief that it will come back. Sometime this happens and the investor can recover but all too often they continue to take bigger loses and in time they accept that fact and sell. The country is facing a similar situation in Afghanistan. We have committed almost 2 trillion dollars and lost 2,300 lives and are now faced with the reality of either accepting more losses or just pulling out. After 17 years of fighting maybe it is time to quit. Like the Taliban says, “you got the watches but we got the time”.

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