Anyway, since you've already bought it, as long as you don't die one day, there will always be a rebound.
Or you may buy a good company. Acquiring an excellent company at a fair price is much better than acquiring a fair company at a premium. It just tests your patience. Just like Tesla in the past. No one expected it to be worth what it is today.
Next is leadership.
Surprisingly, if you initially bought based on personal charm, then stick to your own ideas. Buy multiple times at each low point to lower the average value.
Even if you buy a great company at a high price, it is still a great company. Of course, over time, good business will bring you returns!
Or you may buy a good company. Acquiring an excellent company at a fair price is much better than acquiring a fair company at a premium. It just tests your patience. Just like Tesla in the past. No one expected it to be worth what it is today.
Next is leadership.
Surprisingly, if you initially bought based on personal charm, then stick to your own ideas. Buy multiple times at each low point to lower the average value.
Even if you buy a great company at a high price, it is still a great company. Of course, over time, good business will bring you returns!
Translated