The long haul
So I keep my (gimlet) eye on the (money-making) ball; the profits machine. Having reduced weeks ago to my Core Opportunities, I of course ask myself, "Will this spot of market difficulty infect my portfolio for more than several weeks to a few months? More telling, perhaps: Will the worries of investors ("SELL!") translate to problems in company fundamentals (worries about consumer retrenchment, etc)?"
Of course, I am not happy to lose profits. Of course, I would prefer that contagions in the market not affect my favored opportunities. But without declines such as the one now extant, I would have no method to measure the best of the best, the crème de la crème. The 9 Core Opportunities.
And to make money over the long haul, aka my time frame.
--David M Gordon / The Deipnosophist