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OldAIMGuy

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OldAIMGuy

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Re: old_john post# 46131

Wednesday, 09/28/2022 10:32:16 AM

Wednesday, September 28, 2022 10:32:16 AM

Post# of 47072
Hi OJ, Re: ............position that is closed after a 100% profit......

A 100% profit as a goal is a bit thin compared to some long term stock price histories. A favorite book of mine is "100 to 1 in the Stock Market" by Thomas Phelps.
(1971, ISBN 0-0704-9772-9)

It might be hard to find but was an interesting book that challenged my own thinking. He said, "The reason people don't make more money with stocks is because they set their investment goals too LOW."

Best wishes,
Tom

Buy from the Scared; Sell to the Greedy.....

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