Right now l, and I know because I’ve been this for a long time.
The market is separating the 95% long term losers from the 5% long term winners.
In the easy times like last year.
Everyone’s a Guru.
This year only the creamed rises to the top.
Skills and Knowledge matter again.
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Thats so true. I have friends that lost all of their gaines from last year in a month. They still dont understand but they dont want to learn. Thats it. They dont want to win. Cause putting the effort is to hard. They want it to be easy. I said good luck 🥴💀
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Thanks for showing the way. Blessed to learn from a 5%er.
I don't think things will return to the "norm" untill 2023. 20/21 were the years of Apes and Gurus. So many bag holders were made, they will need more time to either learn or cut losses.
But man I miss Feb/Mar 2020, great market.
So this is a great time to be a beginner huh. Lol. Gonna figure this out in a hard market anyway!
I recommend reading these two books. It will definitely help you understand what Brian is talking about.
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