You’re missing a non-formulated assumption that you should have diversified your investments, so it’s 100$ in Amazon, and 100$ in competitor2, 3, 4,… Get to 10 and you have a good chance 1 or 2 will make it!
What? You can’t afford 1000$ of risky investments per month??
For every one of these success stories there’s thousands of families. Take speak at r/wallstreetbets. Practically a daily post about someone blowing up their account on a risky bet. And those are just the ones who feel like sharing
You’re missing a non-formulated assumption that you should have diversified your investments, so it’s 100$ in Amazon, and 100$ in competitor2, 3, 4,… Get to 10 and you have a good chance 1 or 2 will make it!
What? You can’t afford 1000$ of risky investments per month??
Bezos wasn’t diversified like that though
He gambled and it happened to pay off.
For every one of these success stories there’s thousands of families. Take speak at r/wallstreetbets. Practically a daily post about someone blowing up their account on a risky bet. And those are just the ones who feel like sharing