Learn how to take losses quickly and cleanly. Don’t expect to be right all the time. If you have made a mistake, cut your losses as quickly as possible.
Over the years, I’ve always enjoyed going to growth stock conferences. You meet interesting people and learn about upcoming companies. Sometimes, you even learn about yourself. That happened years ago in Baltimore. For whatever reason, I was late at the start of the conference and decided to stand in the back of the room rather than disturb...
By no means are we out of the woods yet with the Coronavirus pandemic, but things are certainly trending in the right direction. The incredible social distancing efforts that Americans have endured has “flattened the curve” and our politicians are working to restore our society to some form of normalcy.
A return to normalcy is also...