Sharing two very important pieces on Sunday April 12
Are you the sheep or the wolf?
Excerpt:
But never selling and passively buying regardless of price location is very dangerous…Diamond Hands is a Sell Side construct. Even Warren Buffett sells.
#YOLO trading is a by product of a hopeless generation drowning in the wealth gap.
Excerpt:
Cash Is Not a Cop-Out
Many investors view cash as failure.
That is a misunderstanding.
Cash is:
Optionality
Protection against forced selling
The ability to act when others cannot
Again, Buffett provides the framework:
Cash is a call option on crisis.