1/ Amazing to watch people spend time searching for a historical example of when someone was wrong to make a point that they are wrong about a current event
Makes no sense, as events are independent and past decision & outcome have no bearing on current decision & future outcome
Makes no sense, as events are independent and past decision & outcome have no bearing on current decision & future outcome
2/Great Investors are wrong more than bad investors
Primarily b/c they make more decisions & take more positions. Bad investors are afraid to act because they’re afraid of being wrong
Great investors don’t care about being wrong because they know that best only right high 50%s
Primarily b/c they make more decisions & take more positions. Bad investors are afraid to act because they’re afraid of being wrong
Great investors don’t care about being wrong because they know that best only right high 50%s
3/Great Investors don’t care about being wrong, only poor investors obsess about being wrong
Great investors understand it doesn’t matter if you’re right or wrong, what matters is how much $ make when right & how much $ lose when wrong
Great investors understand it doesn’t matter if you’re right or wrong, what matters is how much $ make when right & how much $ lose when wrong
4/Great Investors are wrong all the time, but they don’t stay wrong. When facts change, they change their minds
Poor investors double down on losing trades & lose more. Great investors admit their mistakes faster than others
Great investors have an uncanny ability to Double Up
Poor investors double down on losing trades & lose more. Great investors admit their mistakes faster than others
Great investors have an uncanny ability to Double Up
@bluechoochoo I remembered how to thread like you taught me... 😂😉
