Sunday, May 21, 2017 4:01:41 PM
generally speaking of course not. otherwise it would mean i wouldnt do any mistakes which clearly would be wrong.
in that specific case it was unrecognizable unless you had some insider info or were just very very lucky guessing. if you dont think so pls explain how he could predict that.
i wasnt really wrong. my definition of being wrong when it comes to investment decisions is missing a fact which would have influenced my decision in such a way that if i had recognized that fact id have made another decision. nanose failed (for the moment and for bthcf) that was a possibility right from the beginning. i didnt consider it above 50% likely. nevertheless it failed. did i make a mistake in the beginning giving it a likelihood below 50%? i dont know.
can faims fail? yes it can. i dont consider it likely with >= 50%. in fact i see good chances yost makes it. hence i stay invested (for other reasons too) and will even buy more.
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