I almost never sell anything, because nearly all my recommendations are based on what I believe are the two dominant long-term economic trends, which I think are still in their early stages: more war, and more debasement of the dollar caused by the war.
One of the rare exceptions is Gannett (GCI), which I suggested in the March 2009 EWR. Gannett is now up more than seven-fold from when I wrote about it — which turned out to be the exact bottom.
I expect for most of my readers it’s a good idea to take some profits here, assuming you haven’t already.
But I’m not selling mine, for three reasons: 1. I think the write-up in the March 2009 EWR remains exactly right. 2. I bought it as a long shot. 3. The amount I bought is an insignificant part of my financial net worth.
Thanks for your interest in my work. You are always on my mind.