"Once we realize that imperfect understanding is the human condition there is no shame in being wrong, only in failing to correct our mistakes."
-- George Soros
Good evening folks...
Ol' George got it right here for sure...
How Facebook Bought Me Dinner
A couple of years ago I got into an interesting discussion about market timing with a friend/wannabe trader (we’ll call him Fred). Facebook had been killing it for about a year when Fred stopped by my office to complain about having “missed the bottom.” See the full story here.
As always, the only thing that matters to us is price action.
Stay simple.