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Re: Investor_cmz post# 25384

Friday, 12/21/2018 3:27:23 PM

Friday, December 21, 2018 3:27:23 PM

Post# of 34626
Thank You for some validation.
Even though some don't believe it, I'm trying to help people.
My posts vary in style based on who I'm responding to.
Sometimes, logic and soothing words are the best tactic.
Sometimes it's Occam's Razor.
Sometimes Reductio Ad Absurdum is the most effective way to get through and make a point.

But in any case, civilized humans should be able to disagree without being disagreeable.
I've been investing since the mid 1980's, seen it all before over and over.
And it absolutely DOES repeat.

It's all about greed and fear.
It's all about risk versus reward.

When everyone is being greedy, you need to be fearful (and prepare).
When everyone is fearful (like now), you need to be greedy (and buy).

YES, the most speculative stocks have the highest potential risk.
BUT, they also have the highest potential reward.
When I owned them as tiny speculative companies, Qualcomm and Pharmacyclics and Vertex and Alnylam were all VERY RISKY, but they paid off well.
Did I own other companies where I lost most of my investment?
OF COURSE, but that's the nature of the game you have to accept if you want to play in speculative stocks.

The most important thing a human can do is procreate.
The second most important thing a human can do is to gain as much knowledge as possible AND THEN pass that knowledge along to others.
That is what advances the human race.
But that is only my opinion.
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