No. of Recommendations: 3
If Hack would have bought a ton of EBAY in 1999 when he was telling everyone the world was coming to an end, and sold it in 2000, maybe he would not need to worry so much about his portfolio today. If he would really have been on top of things he could have bought it back in Oct 2002 and possibly be able to retire rich by now.

i have actually made quite a bit more than 150% on my short positions since 2000. it's always going to be easy in retrospect to pick out one stock that "could have made a lot of money for you if you had bet everything on it". The reality, however, is that the majority of stocks are lower, and some significantly so. maybe they're finished going down, but that's not where my bet is. this is a casino and I'm playing to win. you can't win everytime, and the odds are certainly in favor of the house, but by ignoring Wall Street's hype and "advice", I believe one slightly improve's one's chances.

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