Archive: momentum

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Understanding When to Take Profits

By Adam Sharp on April 30, 2021

One of the most important lessons I’ve learned as an investor is this: when you have a great asset, don’t sell just because it goes up a lot. Don’t sell early if you think it starts to get expensive either, because it probably has a ways to go. Momentum is a strong force. These days I wait a long time to sell a quality asset. I’m a patient investor. Whether…