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Strategies & Market Trends : Charts for Breakout II -- Ignore unavailable to you. Want to Upgrade?

To: Cogito Ergo Sum who wrote (8147)	11/11/2021 8:13:28 PM
From: Rarebird	Read Replies (1) \| Respond to of 8531

I took a finance course with Professor Jimmy Rogers in the early 1980's. He brought in his partner, George Soros, during one class. A student asked him how he picked stocks. George said he wasn't a great stock picker and that 2/3s of his picks were losers. Another student asked him how he got so rich if 2/3s of his positions were losers? George said that he let his winners run while getting rid of his losers early on for minor losses. Interesting, I said to myself, what other profession can one become a billionaire by being wrong 2/3s of the time?