Ep. 211 David Chung: Bill O'Neil And The Making Of Millionaires
Investing With IBD
The Importance of Small Losses
Jeff Dreyfus' key to success was always keeping all the mistakes small, and every moment, I know Justin's talk about this. One story that really sticks sticks in my mind is the fact that Bill visited the office of Gerald Loeb another famous Wall Street investor who avoided the 1929 crash. If you can be right, 60% of the time, you can take that to the bank. And so that means that if you keep your if your mistakes small and your winners are really going to pay off.
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