Not Your Advisor
Not Your Advisor
NVDA Shooting Star 🎧 #387 (Feb 18)
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NVDA Shooting Star 🎧 #387 (Feb 18)

â€Ķa word from a Wall Street insider and 40+ year veteran below 👇

‘Those who think of investing and trading as rocket science, or needing systems understandable only by a rocket scientist, often have control issues in life. They make lousy investors and traders because they fail to understand that the market is bigger than them. They will never control the market. Common sense, on the other hand, allows you to see the importance of risk management. We are not in markets to steal. We are in them to protect our assets and, on occasion, to seize opportunities created by over-zealous traders or investors who bought over-hyped shares in "bad" companies.

If you want to complete a round trade in ten seconds or a minute, you are in a race. The HB&B (Humongous Bank & Broker) team has the best racers, with the best support. It’s almost impossible to win. But if you can complete a marathon, you are a winner, like very few people. The good news is that HB&B doesn’t put many marathoners in the race. They have shareholders, industry competitors, and internal pressures to deal with. They are racers. Warren Buffett is a marathoner. He almost always wins. Bankers go bankrupt, lose their jobs, get into drugs, and commit suicide. Only some of them are winners. They know what I’m saying. I’ve been there.’ - Bill Cara


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