Water finds its own level

In the absence of value, using the word ‘blue chip’ as your margin of safety when buying shares is perilous, as Facebook’s 25% one day decline clearly illustrates.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: