Why MicroStrategy Stock Tanked by 11% on Thursday
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S&P Futures5,304.25-4.00(-0.08%) Dow Futures40,140.00-36.00(-0.09%) Nasdaq
Futures18,465.00-38.75(-0.21%) Russell 2000
Futures2,145.20+6.80(+0.32%) Crude
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1 hour ago
Hi cw8888,
ReplyDeletewould like to clarify what you stated "RING FENCE your assets against the next Fat Bear."
Do you mean buying the stocks at great margin of safety so one could still be able to earn less (and not lose money) when the Black swan event occur?
Candy188
You can see that my multi-baggers were bought during market crashes and have grown into Money Tree.
DeleteUnfortunately I didn't learn enough to have market wisdom. I have mistaken the last GFC as market pullback and correction; hence, I have lost back to the Market all the past years trading gains and more.
Very painful lessons learnt.
:-(
The moral of the story: Keep enough cash rotting in the Bank to feed the next Fat Bear if we are not depending on passive income to pay for our living expenses.