Aug. 24 at 6:53 PM
$ARDX Those who refuse to learn from the past rarely succeed in the future.
I’ve taken my share of painful lessons and missed great opportunities because of fear. I sold
$ACHV at
$4 because I was worried about a CRL—then watched it surge 120%. I sold
$IOVA at
$1.80 after being scared off by the complexity of its treatment, along with a miserable Goldman Sachs report predicting the stock could fall to
$1—then it climbed above
$9. I sold
$ETON at
$24 because I was concerned about the new CEO and all the talk blaming her for the failure of her previous company—then ETON went on to reach
$64.
But I learned.
I bought
$SENS, ignored the endless negativity, stayed patient, and didn’t sell until I had made a 100% profit.
Today, I’m doing it again. I’m buying a great company going through temporary difficulties—problems I believe it can overcome. And if the thesis plays out, I believe a 50% return in less than three months is entirely possible.
There are no failures—only lessons
