I'm not too worried, though I have reduced my average price recently. todays sell off obviously not fantastic but one must expect volatility.
it helps to know the business model is solid and the company is growing so that current PE will reduce to more acceptable levels as the expansion continues. its not just the profits of the past you're buying its the skill to grow continually.
I just loved the way that when Ebert went under and Synlait said they had no relationship with them, that shows good management skills to me.
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