'sageo' pid='22885' datel Wrote:Gator-- Thanks for your post. You are right....today most investors (or money managers) are short term thinkers. I'm not critizing them, I'm just saying what appears to be the case. I started buying XOM in 1971,and have never sold a share.Have given some to lots of grandkids when they were little ones. No, I'm not saying that in a few years IOC could become an XOM, but"what if" it became a small XOM with all the stock splits .....( I think we've had 14 or so with XOM),,,,,,yes,I know, most folks can't wait that long. No,we didn't come from rich families.....we just worked long hours and saved. Good fortune to you and all our long BOBs.
Cheers to you Sageo, that's Buffett like investing.
I hope that IOC can remain independent as the odds are pretty good for a situation in which investors doesn't have to sell either, apart perhaps for some stock to trade with for fun.