TL;DR

John’s portfolio is a monument to bad decisions and missed opportunities, proving that ‘holding long term’ isn’t a magic fix for terrible investments.

Story

John’s portfolio is a graveyard of bad bets. BlackBerry, once a king, now a relic. Lucid, a shiny EV dream turned nightmare. These aren’t stocks, they’re tombstones.‣ Stock: A tiny slice of ownership in a company. His story is a cautionary tale of ignoring opportunity cost. ‣ Opportunity Cost: What you miss out on by choosing one thing over another. Think of it like this: John clung to his sinking BlackBerry, missing the smartphone boom. He chased the Lucid mirage while Tesla soared. He bet on falling knives, hoping for a miracle. ‣ Falling Knife: A stock price plummeting rapidly. He’s not alone. History is littered with similar disasters. Remember the dot-com bubble? ‣ Dot-com Bubble: Late 1990s frenzy for internet stocks that ultimately crashed. Or the 2008 housing crisis? ‣ 2008 Housing Crisis: Market collapse triggered by risky mortgages and complex financial products. These events teach us that hype can be intoxicating, but fundamentals always win. ‣ Fundamentals: Key indicators of a company’s health, like earnings and assets. John’s losses aren’t just numbers on a screen. They represent missed opportunities, shattered dreams, and a painful lesson learned the hard way.

Advice

Diversify your investments, research before you buy, and remember: Past performance does not guarantee future success. If a stock’s down 90%, it’s probably not ‘on sale.’

Source

https://www.reddit.com/r/wallstreetbets/comments/1iktdj4/stocks_eventually_go_up_right/