Being an Impatient Investor is an Expensive Education - It Cost Me $39 Million

1 year ago
70

I spent the first 10 years of my career learning how to pick stocks.

Being impatient can cost you a lot of money.... early on I learned that the hard way and left $39M on the table, by not being patient.

Give your speculation some time to play out.

Only gamblers or novice investor goes all in, you should never load up 100% of your desired position into any single order.

It's best to buy in tranches and follow the "Way of the Alligator".

In this scenario, two things can happen:

- If the stock takes off like a rocket, I have skin in the game.
- If the stock retreats to a level I deem discounted to its intrinsic value, then I add to my position by taking my next tranche.

More on Alligator Investing 🐊 - https://katusaresearch.com/the-way-of...

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