Originally Posted by
DenVa
exactly as JB said. You think it’s undervalued and don’t mind owning. Or, you roll down.
I’m sure on your way to becoming an investing guru, you read the quote, “rich people sell insurance, poor people buy it.” I think it was the rich dad, poor dad guy.
A variation of that is THE quote that has always stuck in my head about all this was in one of the early books I read on options investing. "You never make any money buying, you only make money when you sell".