If you had bought 8 years ago and sold after the first double or triple, you'd have the same confirmation bias problem as if you'd never bought at all. Most pe

If you had bought 8 years ago and sold after the first double or triple, you'd have the same confirmation bias problem as if you'd never bought at all. Most people would find reasons why they were right to sell and forgo all the 10x's after they sold. They'd be on HN talking about speculation, tulips, buying drugs on the internet, terrorist financing, and wasteful energy usage. I'm not immune from this. I bought Tesla and Netflix early, and sold after the first triple. Then I spent a lot of time finding fault with Tesla and Netflix as they continued to rise without limit while I watched from the sidelines. I was wrong about Tesla and Netflix. I made tremendous errors in judgment by selling far too soon. At least for me, it's much easier to pretend I've been right all along and the entire market is wrong, than to admit my own judgment and decisions were faulty.