Replies to post #129965 on Sino Agro Food Inc (fka SIAF)

[Emilez]

Speaking of rough, there was an article on Marketwatch about a guy who worked a couple hundred grand or so up into 2 million, got 1.5 million investment from friends, was up over 4 million and lost the whole 4 million in a leveraged XIV bet in one day! So it could be worse, imagine losing over a million bucks for your friends and family.

Well it is better to lose it in a day than over seven years.

[ValueInvestor01]

Even if you try to compare your unfortunate results from the ones who had it worse, losing is still losing. You can rationalize as much as you want to make yourself feel better, at the end of the day, you lost money.

You have to avoid this comparison bias if you want to become a better investor.

The only question you should be asking to yourself is "Was I right all along"?