Cameron McCullough > Recent Status Updates

In the current chapter, the author was talking about the benefits and losses of long term investing when you by shares/stock within in a company that just went public and he asked a really perplexing question as to "Would you be able to hold on, watching your $10,000 investment become $5,000?" And I honestly don't know how to answer that or what I would do If I feel that I have a net lose grader that I invested.

The author is currently explaining how billionaire, Warren Buffet and his company, Berkshire Hathaway make billions of dollars when deciding in companies to invest in. Those companies have to have pricing power, which means that they are able to raise there prices without fear of losing business to the competitors, or they are companies that are bailed out by the federal government in times of hardship.