Value Investing News

This describes my latest sale of Stryker Corp (SYK). As a deep-value investor, the buying price is usually easy - most of the stocks I try to buy are so cheap that a few percentage points either way won't make much of a difference. However, knowing when to sell is much harder.

A value investor is not only weighing positions in the current portfolio, but also stacking those up against other potential investment ideas. Sometimes, it makes sense to sell off a position, even in a good company, if a more attractive opportunity presents itself.

• http://www.valueuncovered.com/a-tale-of-two-sales-part-i (165)