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This is a terrible analysis. Neither of the investing mistakes he supposedly made are applicable to his case. Nor was his method "intended to wring the last cen
by sambe 7y ago
This is a terrible analysis. Neither of the investing mistakes he supposedly made are applicable to his case. Nor was his method "intended to wring the last cent of profit out of a good trade over capitalizing more safely on his market prediction". He feared seizure! Losing a large proportion or all of your capital is not "the last cent".
- oska 7y agoI agree. Interesting anecdote followed by simply moronic commentary tacked on to the end. And no, diversification is not a 'free lunch'.