THH – You Really Need to Understand This: Stop Making Excuses
Everyone tells me that a -50% (or more) paper loss at any given time is terrible, and evidence of why one cannot beat the market, nor have outsized long term results. This is absolute BS which I will show. Vast majority of people actually buy into this and and the vast majority of people have poor long term results. You can forget about any ten baggers if you can’t stomach -50% paper losses now and then. When you start making excuses and blame X, Y and Z for why you “can’t beat the market” you will NEVER beat the market. You need to watch the entire video in order for it to sink in.
Makes a ton of sense!