RE: How The Times Have Changed
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Having recently visited the US after a few years away, I can say that the retail sector does seem to be in a tough spot. Prices on everything seems to have skyrocketed since covid, and Amazon is eating everyone's lunch. I have a few stocks I have been holding onto for awhile that are in a pretty similar situation to Truworth (although perhaps not as dire). It is hard to let go of investments that have taken a hit, but it is good to evaluate them every once in awhile and try to see if it is time to cut your losses, something I still find difficult to do.
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This is hard to do because in the back of your mind there is a chance things can change which they can, but unlikely.
Yes, exactly! It hurts when you sell something and it changes for the better, so in the back of your mind you think this will happen for other things.