Really glad I ignored all the people calling me a bag holder when $PLTR dropped to $115, considering we are at new all time highs
I hope those people covered their shorts (if they actually had positions)
I spent 2.5 years averaging, and have sold zero shares. Average is +1000%
So many people, in their endeavor to get rich quick, end up staying broke even longer
There are no shortcuts unless you were already born rich. The tried and true path is steady compounding over time (frustrating as that may be)
Anyone selling you their special secret method of “get-rich-quick”, are simply enriching themselves
Haven't shared a sub pick with the main feed in a while
and I'm done adding to this one now that it's pumped so here ya go:
Added $DNA in late August near $7 as part of the broader AI/biotech revolution theme
• highly speculative, bad management history (reverse splits, pivots, dilution)
• but very promising new concept (autonomous AI wet labs) and some serious partnerships ($GOOG, OpenAI, and now $LLY which caused the recent pump)
+33% in just under a month and maybe still just getting started. Not bad 🤝 other swing trades playing nicely lately too
Sometimes I see trolls leaving nasty replies in the comments section
And then I consider how these are likely fully grown adult men, and this is how they’ve chosen to spend their short time on Earth
And then I feel bad for them
Because I have a lot of positions, it is easy to cherrypick winners (and easy to cherrypick losers too 😂)
If you buy a lot of speculative stocks, big winners and big losers are part of the game. it would be impossible to get them all right.
The best measure, in my opinion, is time-weighted performance over years:
It is always people who *aren’t* up 800% on a position explaining to me how much better they would have played it if they had invested 💀
From what I hear, everyone who didn’t buy $PLTR under $20 would have perfectly trimmed the top at $200 then re-entered flawlessly at $110😂