super helpful replies, arcticpineapplecorp. the thing lot of us struggle with is the principle bias. if I invested $10K and it did an 100X in 10 years to $1M on these multi baggers, at a psychological level you still think you put only 10K, so even a 50% loss or heck a 90% loss is still 10X. We get biased by the initial amount that we know we have a long room to lose. Then it comes to whats the new $1M once you 100Xed from 10K as part of your overall portfolio.
Statistics: Posted by swayswift — Mon May 27, 2024 2:01 am — Replies 15 — Views 798