Infinite patience yields immediate results!!

With the Hinge 4 as the "tipping point" every new ounce becomes "gravy!"

Discovery of the hinge was no less than a random event. Investors have great difficuly dealing with the "randomness" that abounds in the real world, consequently, in spite of this "news" many investors have taken short term profits, others just hold, while still others have increased their positions. All efforts, certainly by "the peasants," are, in effect, an attempt to make "the play" more predictable. Behaviorial science has proven that the accuracy of their decisions does not increase with new information!

This is why "time" becomes a critical element. It will continue to substantiate the value of "randomness." IE, exploration drilling, cash flow from production, and other factors affecting SP!

This of course is why Warren's simple dictim of "buy and hold" is so powerful.

"You're in when "randomness" delivers!"

At SAN it has delivered in spades!