NorthWest Biotherapeutics Inc (NWBO)

[biosectinvestor]

Really excellent quote LongFellow95!

The shorts pontificate all day ling, but anyone who has been around, investing in these kinds of companies for years knows how incredibly difficult this all is with extremely new technologies and areas of medicine. There is so much BS being slung every day trying to basically make people believe they’ve been cheated, or that, despite so many indicators to the contrary, there is nothing to see here, or if the management were “better”, approval would already be accomplished, because it’s so darn easy, any short could do it...

It’s just intended to make people give up. Think about getting up every day, and your job is to make people give up on incredible efforts to ameliorate and cure suffering...

Great quote showing how nuanced this process really is and how it can easily take far, far longer than anticipated. That is why when crafting a portfolio, though I like a certain amount of concentration, so as not to spread myself too thinly, I have a good small number of complimentarily related companies in which I invest. My research is complimentary because the companies technologies are not entirely dissimilar, though also it all the same either. This allows research I do to inform me across my portfolio, to some degree, but you also need to balance out the ups and downs and the waiting, and any necessary re-averaging, by lowering transaction costs, taking some gains against losses and rebalancing the portfolio sometimes.

Great post!

Good luck!