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jacob pfp
jacob
@jacob
+ the thing is good + entry price + position size + time horizon you need to nail each of these for a great investment. the first part is the highest order thing, but getting the second two wrong can make the right decision a bad outcome. horizon is helpful to set up front to ride the waves and assess new info.
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Purpleman.base.eth 🎩😻 pfp
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@jenson
This is very true and I think the most common issue is too short of a time horizon. If the fundamentals of "the thing is good" haven't changed then you should never allow yourself to be shaken out of the market by having too short a time horizon. Patience truly is a virtue.
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