2 Comments
User's avatar
Julie Rains's avatar

Love the analogy about the coach and the player on the field as compared to the outside investor and entrepreneur. Thank you!

Expand full comment
BoiseCFA's avatar

Good storytelling and nice analogy to investing. Consider using a larger percentage loss in your example to make your point more apparent, e.g. when you lose 50% (such as the post Internet euphoria 2001-2 correction), you need 100% to get back to break-even.

Expand full comment