On point 3, I smiled when I read your "You don't have to win back the same way you've lost" statement.
Some will cling on to their sunk cost fallacy and tell themselves they are long term investors.... I zip up as what can I say when their mind is made up?
i agree. Only the second i don't although it seems that way. Why?
ReplyDeleteUnfortunately, there will be some stocks that cannot recover in our lifetime.
DeleteFew days, somebody told me his Renewable Energy after consolidation still trading around a few cents.
Think he may have chance to make Second mistake
:-(
CW,
DeleteOn point 3, I smiled when I read your "You don't have to win back the same way you've lost" statement.
Some will cling on to their sunk cost fallacy and tell themselves they are long term investors.... I zip up as what can I say when their mind is made up?