35sec snip

The Compound and Friends cover image

They don't usually ring a bell at the top, but...

The Compound and Friends

NOTE

Evaluating Conviction in Stock Buying Decisions

In a scenario of a 75% drawdown with significant losses and uncertainties regarding the future of a company like Facebook due to Zuckerberg's investments in the metaverse, it becomes crucial to evaluate one's conviction in buying stocks. If an investor lacks the confidence to buy more stocks when down by 20%, it indicates a lack of proper conviction and understanding in stock buying decisions. This lack of conviction can lead to selling decisions instead of buying, emphasizing the importance of strong belief and commitment in stock investments.

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