Cut your losses short and let your profits... - Deepstash
<p class="ql-align-center"><em...

Cut your losses short and let your profits run.

15

292 reads

CURATED FROM

IDEAS CURATED BY

My Perspective on Markets

Similar ideasundefined

Emotional decision failure

Emotional decision failure

Our decisions are often altered by two subtle short-term emotions:

  1. mere exposure to things we are used to: we like what’s familiar to us
  2. loss aversion: losses are more painful than gains are pleasant.

Loosing sucks and we subconscio...

The Law of Failure

Failure is to be expected and accepted. Admitting a mistake and not dealing with it is bad for your career. So instead, recognise failure early and cut your losses.

Too many companies try to save the situation instead of dropping things.

Accumulate Losses

The more losses you can rack up, the better it is for the investor in the long run.

“You can harvest an unlimited amount of losses and

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates