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A similar thing happened at Netflix in 2011. My coworker kept buying options and I stopped. His stock grew to $34M. Mine recovered to six figures. If you can b

A similar thing happened at Netflix in 2011. My coworker kept buying options and I stopped. His stock grew to $34M. Mine recovered to six figures. If you can buy more, and you have confidence in the company, that’s what I would do.

czbond 4y ago
In the markets, the hardest thing to mentally is usually the correct one over time. The markets goal is to trick everyone - so you have to be strategically, but intelligently, able to craft contrarian perspectives.
- ISL 4y ago
  Markets don't have a goal. They just don't care.
  - czbond 4y ago
    "Markets" don't, but the market makers do. And that is to take all your cash while making you think you are making sound decisions.
    - ISL 4y ago
      I'd disagree. Market makers want you to trade and want you to allow them to earn the bid-ask spread. They make more when you trade often.
omreaderhn 4y ago
The Federal Reserve launched Operation Twist on September 21, 2011. It's only wise to buy stocks when the Federal Reserve is printing money or you know that they will print money.