Hans said something really profound in this conversation that I captured and want to share with you:
"If you need to be told how to think, you are not an investor. You are someone else’s exit liquidity. At best you are a trader, and a trader is just a sucker waiting to get taken. If you don’t know how to think and analyze your own investments and come up with your own thesis and then constantly reevaluate, like, ‘am I think about this correctly, or am I off in la-la land?’ Then you are totally up a creek...It’s darkest before the dawn."
—Hans C. Nelson (discussing Tesla Stock)
No comments:
Post a Comment