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Gordon R. Vaughan's avatar

This is the key bit:

"I'm gonna keep my options open until the last minute."

Where's the value-add in that? It's all about taking, not contributing, like the 'clever' investor who's going to wait until the last minute, then buy the hot stock just before it takes off. But life doesn't work like that. By the time success is apparent, it's way too late. And typically, even the really successful entities don't look that hot for a long time. You have to commit (actually buy the stock) to share in whatever upside there is.

Do people not read biographies anymore? This is all just common sense, and wisdom that is available in any library, free for the taking (and time commitment to read). Or just pick up the Bible and read about Noah, Abram/Abraham, Sarai/Sarah, Jacob, Moses, David, Elizabeth, on and on, they all went through a lot of tough times before coming out on top.

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