10x Dreams, 70% Drawdowns (September 8, 2026) Nobody has a crystal ball. That is why you should treat every social-media claim that a stock will do 10x or 100x with deep skepticism. Promoters of small stocks often highlight the upside and leave out the harder part: these names can fall 50–90% before they ever work, if they work at all. Only a handful will outperform. Many will not. And if the position is so small that a win barely moves the portfolio, it is a sheer waste of time and efforts! The real issue is not whether small stocks can make money. Definitely, some can. The issue is whether most investors can live with the path. A 70%-90% drawdown is not a technical detail. It is a test of temperament and your conviction. Many people sell at the bottom not because the thesis was wrong, but because the volatility became unbearable. That is why risk management matters more than the story. I am not saying that small stocks are bad. They just should not dominate any portfolio unless you are genuinely comfortable with large swings and daily price fluctuations. For most people, the better structure is simpler: 1. Focus on the true leaders of the bullish sectors in a long term uptrend. 2.Use a small satellite basket of speculative names as lottery tickets, never as the foundation. 3. Size those speculative positions small enough that even a total wipeout does not damage the overall plan, your mood, or your health if you wish to bet. That structure lets you stay in the game. And staying in the game matters more than catching the one name that supposedly changes everything. Just my two cents!