$Alphabet(GOOGL.US)70-80% of people who invest in stocks, including those in the US stock market, think they are investing, but it's actually more like gambling.
I've seen a statistic that the average holding period for a single stock among US stock investors is only 10 months; the average holding period for mutual funds is slightly longer, but only 2.5 years.
What does holding a stock for 10 months mean?
It means you are most likely not making money from the long-term growth of the company,
you are dealing with random variables like short-term sentiment, liquidity, expectation gaps, and macroeconomic disturbances.
This 10-month period is often too short for the fundamentals of a truly excellent company to fully materialize, yet long enough for Mr. Market to go crazy multiple times.$NVIDIA(NVDA.US)$Taiwan Semiconductor(TSM.US)$Tesla(TSLA.US)
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