Here's the uncomfortable truth about conviction:
Sometimes the market doesn't need to prove you wrong.
You can simply run out of time.
Your thesis might eventually work...
but if your capital is locked up for years while better opportunities appear, the cost is still real.
Being right eventually isn't always the same as making a good investment.
$GPS $BEAT $BTW
Sometimes the market doesn't need to prove you wrong.
You can simply run out of time.
Your thesis might eventually work...
but if your capital is locked up for years while better opportunities appear, the cost is still real.
Being right eventually isn't always the same as making a good investment.
$GPS $BEAT $BTW