It's human nature to think if you haven't sold…
It's human nature to think if you haven't sold it, you haven't made any money. You sell your gains, and you hold on to your losses hoping they get better. That is a terrible strategy in the stock market, and a terrible strategy in real estate.
— from The Flight Plan (Purpose/Wisdom/Risk) · Holy Grail of Investing: The World's Greatest Investors Reveal Their Ultimate Strategies f
Also belongs to
- True North (Ethics, Integrity, Truth, Values)
- The Heart in the Cockpit (Emotion/Awe/Anxiety/Regret/Empathy)
- Decisions & Choices (Decision/Choice/Focus/Forethought/Consequences)
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