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Investor2014

01/21/18 2:19 AM

#138233 RE: sokol #138230

Sokol, I can second that! Worst thing to watch a bio skyrocket not long after selling out! Worse than occasionally see one truly fail.

I do a lot of DD before investing in a bio and I have at long last learned to trust that and be patient so long as nothing obviously bad is learned.

It is the case in biotech that the few well chosen investments can pay handsomely for those that fail.

I have even sold definitely failed ones only to then find someone later picking up the pieces for much more than I sold at.

Learned many other things regarding biotech investing, but you can’t teach others experience - you have got to acquire it for yourself and learn from it often the hard way.