I have only one issue with the Hot Dog post and that's the trader/speculator comment.
I only speculate and have done so for many years. It's all about discipline. It's not about 50/50 either or you probably won't make enough money to bother; it's more about 80/20 and invoking that discipline both on the upside and the downside. We speculators trade momentum; it's got absolutely nothing to do with PE's. It's only a casino for those who don't learn the finesse of trading vs. investing.
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