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If you expect Twitter to 20x in the next 5 years, then a: You're dreaming. b: You're absolutely expecting a quick short-term gain.
by aetherson 5y ago
If you expect Twitter to 20x in the next 5 years, then
a: You're dreaming.
b: You're absolutely expecting a quick short-term gain.
- JumpCrisscross 5y ago> b: You're absolutely expecting a quick short-term gain To put this in perspective, 20x in 5 years is an 82% CAGR. And five years is far short of the length of an economic cycle. Traditionally, "long term investing" meant across at least one whole business cycle.