Sigma Labs Inc (SASI)

[alanthill]

Silversmith:

I think those are really great quotes and they pattern the way that I like to personally invest. The only caution I would urge (learned from painful and expensive experiences) is that sometimes uncomfortable ideas are uncomfortable for a reason that simply may not be apparent to you and the risks to lose everything are real. By investing only what you can afford to lose and spreading the risk among several "unconventional ideas" you minimize your risk and have a better chance of overall gains offsetting losses in risky investments that don't pan out. A few years back I was heavily involved in Chinese micro-caps and after making significant gains early on bet heavily on a couple of companies that I had thoroughly researched, only to become aware when it was too late that the management was corrupt and saw my entire investment go up in smoke. It does happen and the advice of never to put all your eggs in one basket still holds true today.