The First Principle of Investment
The first principle of investing: never lose money.
The second principle: never forget the first principle.
I'd only given them a few pointers on how to invest. That's all. Yet somehow it turned into this circus.
"The Empire's stocks are invincible my ass, you son of a bitch!"
"My account!!! It's melting!!!"
"Duke Goldman! It's falling, damn it!!"
I told them to do value investing. When the hell did I ever say to do this dogshit, zero-value, melt-your-entire-portfolio kind of investing?
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