Jay, When I was young a wealthy old guy told me he didn't trust anybody, or their opinion if they hadn't lost a large amount of money a few times.
Shows character to shake it off and move forward. Also it humbles you in a way that's healthy.
I got cocky with HGEN, largest single position I have ever taken.
Sometimes you try a big roll, and it goes your way or it doesn't. It hurts in direct proportion to how over-weighted I chose to be in it.
I always carry well over 100 positions, even near 200 sometimes.
If one goes completely broke it hardly phases me.
This one hurt some.
But, I have already formulated my strategy and I'll see how that goes.
That's all we can do
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