PLS 3.17% $3.05 pilbara minerals limited

Good News & Bad News, page-43349

  1. 4,182 Posts.
    lightbulb Created with Sketch. 2291
    You seem down about being down in Pilbara.

    When I'm down on a stock, I try to remember that there's a difference between a thesis being wrong and just being too early, even if it doesn't feel that way at the time. If you're early, then you just need patience. Go look at the chart of any stock that turned into a huge winner and you'll probably find a 3-5 year period of extreme suffering for shareholders.... Amazon drawdown chart is my favourite "remember, you might just be early" picture.
    https://hotcopper.com.au/data/attachments/6233/6233775-b81ba6ba982f4c5e79315b0b5279cfb9.jpg
 
watchlist Created with Sketch. Add PLS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.