4min chapter

The Seen and the Unseen - hosted by Amit Varma cover image

Ep 271: Crossing Over With Deepak Shenoy

The Seen and the Unseen - hosted by Amit Varma

CHAPTER

The Discipline and Rigorousness of the Stock Market

In poker, there's literally an upper limit to what you can win in a pot. There isn't such an upper limit further for the stock market. If you get out of those stocks when they give you one x or a two exreturn, you're effectively losing the possibility that they can give you a hundred x or 200 extra turns. This is where that discipline and rigor comes into play. And most of the time, this is a fight with your own behavior. That's why the stock market investers that make the most owont of money are usually dead.

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