3 ms·
> More than 60% of my net worth is just from two stocks. I would hope you realize that your good fortune (aka luck) does not generalize to an entire population
by ncruces 2mo ago
> More than 60% of my net worth is just from two stocks.
I would hope you realize that your good fortune (aka luck) does not generalize to an entire population.
- jjav 2mo agoThere is some luck, for sure. But it's not pure luck. Find good companies in an industry segment you fully understand (for me, that's Silicon Valley enterprise tech), invest early and hold on. You'll have many losers, that's totally fine. But the 50x or 100x returns will make up for it.