Apr. 24 at 1:51 AM
Everyone asks me to help them find the next 100 bagger....
Even If I could help, the problem Is holding the net 10 bagger let alone hundred bagger
The reason I became a full time seed Investor In 2010 was my problem of holding winners. The fact that I could track prices dailyt was my poison. Volaility Is supposed to be your friend and It was my nemesis.
As a seed investor, NOT having liquidity was my friend. I could not be shaken out. I was stuck. I had to commit to the journey.
If Robinhood had been a public company at
$100 million (we Invested at an
$8 million valuation), I likely would have sold some shares. I know myself. I never would have held through IPO.
Now that I have been on both sides of 10-100 baggers in public and private markets I prefer the public markets. I understand better how buyers and sellers feel. I am nore zen about staring at prices and not acting.
That said. I also prefer Index Investing because I am guaranteed to hold 50-100 aggers like
$AMD and
$MU stocks I would never understand well enough to have held.
The true goal Is to find a strategy that fits your risk profile and learn to embrace the volatility.
There are so few smooth 10 baggers let alone 100 baggers.
$SPY $QQQ $HOOD