I disagree. the guy who has had his money locked up in a stock that moves no where for a year has lost out on having that same capital invested in a stock or stocks that are moving.
You are confusing timing and DD with luck. And your other point refers to having strong convictions. Having strong convictions about an investment is fine and eventually may work out for you, but the guy who timed his investment based on DD will reap far more gains as he goes where the money is without emotional attachment.
Different strokes, but if we're tallking about making money, and I think that what this is all about right, then the smart money is on the guy with the better timing.
Don't get me wrong, that is the ideal most investors strive for and timing is a tough thing to gauge.
My example is hypothetical anyway. I wish you well in your investment. I'm long here too..just playing devils advocate.
Market Data 
Markets 
AI
