Retail investor: My portfolio's up 38% this year. This stuff is easy.


Me: What'd you do in 2022?
Retail investor: ...I wasn't investing yet. Started in 2023.
Me: So you've only ever seen a bull market. Every dip you've watched got bought in a week.
Retail investor: I mean yeah... it always bounces back fast.
Me: It always HAS... in the 3 years you've been alive in the market. I've watched $Q fall 40% & stay down for a YEAR. Circuit breakers during COVID. Whole different world.
Retail investor: So how do I know if my strategy is actually good?
Me: Simple. Would it survive a year+ of red? If your whole system needs the market to go up... you don't have a system. You have a bull market...
Everyone's a genius until the tide goes out. Build a strategy that wins the decade, not the season... that's the entire reason my base + portfolio secured puts made it through 2022 with ease.
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