Friday, January 15, 2010

10 Bad Picks in a Row

Another good one from Investors Quotes Daily. Very appropriate for me as the last week of sporadic market movement have left me with the some losses.

10 Bad Picks in a Row

"I once had a string of 10 stocks I cut losses on. But the very next one emerged just as the market came out of a correction (downtrend) and more than tripled in price. I've often thought: "What would've happened if I had gotten discouraged and quit because the previous 10 stocks I bought didn't work?"

William J.
O'Neil, 24 Essential Lessons for Investment Success , Mcgraw-Hill, 2000. p 3.

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