Funny, I bought BP after the oil spill and did quite well on it.  I have found that bad news can hurt deeper and longer than anyone thinks, in that case I got it right.   I tend to approach it as if I&#x27;m going to hold for ten years at least, but then I buy after bad news when I think a stock is unlikely to be overpriced.  The UK home builder, Barratts, also worked out for me, I bought some when the head of the company was on radio explaining how they provided their own finance to buyers while the banks weren&#x27;t lending and how they did it before during previous building recessions.