Elliot Turner - Growth At A Reasonable Price Defined
The Business Brew
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The Myopic Loss Aversion and the Equity Risk Premium
The risk was that Roku could drop 50% before it ever went up 50%. If you do that over and over again, you're not going to make money. You didn't truly buy the risk reward that you said you bought on the way in. That's one of the hard parts with the market, by the way, price is there to tempt you to do the wrong thing.
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