Post by
Starsearcher80 on Jan 19, 2022 8:37am
THE BROKEN BUS ANALOGY
So you're on a bus, and you think this is the greatest bus ever! You can't wait to get to your destination, and this bus will be taking you there in style. You're SO excited!
But as the bus travels down the road, it starts having trouble. "Fear not" you say. "This is still a great bus!" But the bus seriously starts to falter, and finally has to pull off to th side of the road. It's dead.
The driver of the bus says "Ok everyone, this bus is broker. You have a choice. You can hop off this bus and take another bus, or you can stay seated and hope this bus can be fixed. But we don't know if we can fix it, and worse, it could take years to fix...if ever."
But you were SO excited about this bus, so you decide to stay seated. Other buses come along, and they're working fine, but you decide that you're staying put. Friends get in touch with you and say "Why on earth would you stay on a broken bus that may never be fixed?? Take another bus!" But you've got tunnel vision, and just can't think clearly at all, or do what's prudent, or sensible.
Eventually, everyone else decides to get off the bus. They know it's broken and there is no upside. They agree it sucks to have to transfer to a different bus, but at the same time, have to agree that it's moronic to stay seated on the broken bus, especially one that may never be fixed. You now sit alone. Even the driver has left. Other buses continue to whiz by you, and there you are, sitting quietly in your self-created mess.
There is NO upside to this scenario. Seriously, you want to sit on a broken bus?? Of course, ANYONE would immediately move to a different bus...if we were actually talking about bus rides. But we're not. We're talking about stocks. So replace the word "bus" with "stock". Why would you stay with a completely broken stock, if you would immediately jump off the broken bus? There is NO difference.
Comment by
InfamousPwum on Jan 19, 2022 8:51am
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Comment by
Starsearcher80 on Jan 19, 2022 9:51am
Yes, I agree. Your losses are truly cringe- worthy.
Comment by
TheProphetElijah on Jan 19, 2022 9:04am
So which bus would you recommend? Last time you tried the air bus Air Canada and that crashed and burned.
Comment by
Starsearcher80 on Jan 19, 2022 9:50am
Not at all. At the time got out with a nick on Ac, and then bought back in recently once omicron looked to be both quick and light. I'm already up close to 10% on this round. The bus analogy always holds true.
Comment by
DeepTrueShip on Jan 19, 2022 2:15pm
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Comment by
DeepTrueShip on Jan 19, 2022 2:47pm
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Comment by
Coloradobuff on Jan 19, 2022 8:17pm
Naw your advice isn't out of goodness you are short.
Comment by
Starsearcher80 on Jan 19, 2022 8:22pm
Hey if i was short, i would just say i was short. No big deal.
Comment by
Ventura2020 on Jan 19, 2022 10:34pm
So, not short, not a bull, not invested. What's the point of your ramblings? I have an idea, no attention in your life lol