Thanks!
I think what a stock you don't own is down 50%, it's often a great tiem to look. When a stock you do own is down 50%, it's generally a terribel time.
You hit the nail on the head on why: the bias of having owned it and watched it rip your face of makes you unable to be rational.
Understood, thanks for explaining Andrew!
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Thanks!
I think what a stock you don't own is down 50%, it's often a great tiem to look. When a stock you do own is down 50%, it's generally a terribel time.
You hit the nail on the head on why: the bias of having owned it and watched it rip your face of makes you unable to be rational.
Understood, thanks for explaining Andrew!