Yea, I wonder. There's always been a rate of attrition. But I do feel the timeframes for this have sped up due to FOMO and all the shares going nuts the past couple years.
Im sure its similar to many here. The biggest gains iv made have been from sitting tight (admittedly many times with my head in the sand) and my biggest 'losses' by a country mile have been from selling out too early.
When we invest something strange happens, our own personal expectations for investment returns (and even personal expenditure) get overlayered on our investments. As if they are now correlated. But of course, they aren't. Hence the disappointment, and the selling. Business outcomes and so to investment outcomes almost always take longer than expected (perhaps because we infect these timelines with our optimism/hubris). In any case, I forget where I heard this quote but I say it to myself quite often...Things take longer to happen than you think they will, and then they happen faster than you thought they could.
Its fair to be frustrated with the companies outcomes/timelines and to sell out, but iv never understood sticking around and being bitter about it. Ultimately, as adults, we make decisions, sometimes they are the wrong ones. If you lose money, you made the wrong decision on that investment (or had misaligned timeframes) and only you is to blame for the financial outcomes of that.
In any case, thanks Hedrox for the commentary.
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