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The Importance of Sleep Numbers in Investing
A large position and a large stable company should have a higher sleep number than a younger company like Shopify or an overvalued one, Robert says. A sleep number varies depending on the stock. Not all stocks are created equal in terms of potential for value creation. The person who has been sleeping well at night is likely to be able to make more money if they change their thinking about investing after going through a downturn.