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re: ZOM making a nice run

Posted on 2/10/21 at 7:42 am to
Posted by Dock Holiday
Member since Sep 2015
1641 posts
Posted on 2/10/21 at 7:42 am to
quote:

Most of us are investing in pennies as a gamble and using a little play money. He is so into his fundamentals, that he can’t comprehend someone throwing a few thousand into something to see what happens.




I tried explaining that to him yesterday with actual numbers and I think it still didn't fully click.
Posted by slackster
Houston
Member since Mar 2009
85389 posts
Posted on 2/10/21 at 8:21 am to
quote:

I tried explaining that to him yesterday with actual numbers and I think it still didn't fully click.




And I discussed your actual numbers. You decided to gamble with 5% of your portfolio. Now you’re gambling with 25% of your portfolio 3 months later. Idc what you do one way or the other, but for someone who was talking about big picture, you should keep your current reality in mind.
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