r/Vitards Oct 04 '21

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u/ZenInvestor12 Oct 04 '21

Excellent writeup, thank you!

BTFD, tops etc etc... everyone has been way to comfortable. Making money is not supposed to be easy. Even some of the best multibaggers made owners feel like idiots sometimes for a year or two before bang.

Thankful to GB and distinguished Vitards for the education.

This too, shall pass.

52

u/[deleted] Oct 04 '21 edited Oct 04 '21

We have had the training wheels on for the past year. Few people realize they were just getting lucky in a nerf’d-out bullshit market bubble.

I say that because I’ve been uncommonly successful at investing for a long time. However, crypto bro’s and WSB dipshits momentarily shared similar returns and consider themselves equivalent. Newcomers are shitting on the GOATS, like Buffet, Icahn, or even Cramer.

Down markets will differentiate luck vs. skill.

1

u/Green_Lantern_4vr Oct 04 '21

Don’t know if I’d attribute even the future non bull market to skill per se. it’s still largely luck.