Invest in the US stock market to get rich. About selling ea...
Invest in the US stock market to get rich.
Regarding selling too early resulting in smaller profits!
Bill Ackman's Pershing Square swept in 3.1 million shares of Netflix in January at an average price of over $350 per share for a total of 1.1 billion. But just 3 months later, Netflix announced unexpected performance, and Bill Ackman declared stop loss when NFLX stock price was at $230, resulting in a loss of nearly 0.4 billion US dollars.
Later, he made a strong profit of 2.7 billion in hedging against interest rate risk, recovering nearly 0.4 billion of the losses incurred in the beginning of the year's Netflix battle.
From investing in stocks, he lost $400 million due to misjudgment, but making it back through hedging is another story. This tells you that we cannot always be right, it's important to know where we lose.
Regarding selling too early resulting in smaller profits!
Bill Ackman's Pershing Square swept in 3.1 million shares of Netflix in January at an average price of over $350 per share for a total of 1.1 billion. But just 3 months later, Netflix announced unexpected performance, and Bill Ackman declared stop loss when NFLX stock price was at $230, resulting in a loss of nearly 0.4 billion US dollars.
Later, he made a strong profit of 2.7 billion in hedging against interest rate risk, recovering nearly 0.4 billion of the losses incurred in the beginning of the year's Netflix battle.
From investing in stocks, he lost $400 million due to misjudgment, but making it back through hedging is another story. This tells you that we cannot always be right, it's important to know where we lose.
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