RE: Update 20 to 25 working days away :-)17 Aug 2023 13:58
@crowman ‘Diamond Hands’ is the reason I am in a good profit in THG .. It’s the same theory as Warren Buffet but just a slang term, I hope that helps…
"Diamond hands is a slang term for an investor who refrains from selling an investment despite downturns or losses."
That seems sensible. Novice investors are counseled not to be rattled by stock market slumps, but instead to stay the course. The 401(k) system is similarly structured, with participants expected to retain their funds for decades. And the most respected of all investors, Warren Buffett, famously stated that “our favorite holding period is forever.”