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Friday, 01/06/2023 2:00:05 PM

Friday, January 06, 2023 2:00:05 PM

Post# of 189005
In order to be a better investor, you have to learn it from others. Those that have been successful in their life doing the very thing you love too.
Buy an asset at a very low price and sell it at a very high price. Pretty simple path. LWLG has been very good to me, not only financially but equally the people I've met while staying invested.

I've learned a lot during the years on youtube, bought books to read and interacted with people who were willing to help me with my questions. Learning through watching youtube about every great investor out there was a lot easier to me than sitting in a classroom taking notes.
I love investing. It's always been a very positive thing. Especially when I discover new things and I can share it with my investment friends along the way. I shared my thoughts with Walter 16 years ago and the rest is history.

I also discovered that not many people do what I do. Because they worry too much. It's a constant struggle for them. I learned not to worry. It's not profitable. I do see some risks in every investment that I make. If it doesn't heavily affect the business, I simply stay in. Because I know it will bring me more money than worrying in and out stocks. There were so many companies with so many problems and still they made investors 100 times their money. Or more. Learn from it. Don't get worried out of your stock but remember why you bought it in the first place.

Why do I tell all this gibberish? Because of what Howard Marks said. What kind of investor are you? The one that wants to keep what he has or one that wants 'more'? Then they say 'both'.

Marks said: No, you can't have 'both'.

Being invested in LWLG means you want 'more'. A Lot 'more'. Your decision is your own. ASM is not far away and business is random. Crazy things can happen between now and then. Or nothing at all. Again your decision is your own. Don't let you get distracted from what we have here. Most naysayers never sat with management nor emailed them. Ignore them.

“To get what you want, you have to deserve what you want. The world is not yet a crazy enough place to reward a whole bunch of
undeserving people.” Charlie Munger (It took me awhile to understand that quote)

Enjoy the weekend everyone!
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