Going long on Tesla: honorable. Going long on the Washington Post in the 1970's: honorable. Going all in on a short-term put option on Amazon: honorable. You're conflating psychological and risk discrepancies, all which may prove rewarding, but are not mutually honorable.
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Curious how many of these home runs you find in a year?
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Over the past eight months I've found three ideas where I think the chance of permanent capital loss is low, and the potential reward may be satisfactory. That's what I'm looking for! But in a 2008 scenario, I assume I'd find a lot more in a much shorter period.
End of conversation
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