Financials sector Essay Example | Topics and Well Written Essays - 250 words

Financials sector - Essay Example When it comes to investing I normally prefer the buy and hold strategy. This kind of investing usually requires one to be patient and comprises of a holding period which basically refers to the expected or real period of time within which an investment is attributable to a specific investor. Nevertheless, in a long position, the holding period means the time between a security’s purchase and when it’s sold. Every successful investor usually has a lot of patience and s/he is dedicated to buying and holding great growth securities. Most of the time, the stocks that one buys may not do well for several weeks. Nonetheless, if one has the courage to stick with them, some are likely to turn out to be big winners. Eventually these big wins are the ones that can make all the difference to an investor (Thomsett, 2002). My hero in investing and one of the greatest investors of all times, Mr. Warren Buffet has proven this to be very effective with his Berkshire Hathaway Inc company whose stocks he has never sold since he bought them. The stocks have grown in value easily making me one of the richest men in the