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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