Got nothing to do about being noble, more to do with sticking to my investment rules.
Put simply every stock I invest in I am willing to accept a 100% loss of my money.
In reality if things did go bad (for any stock I hold) and an announcement came out that was very negative I would expect to walk away with 25-50% of my original investment.
I don't pre-empt announcements and invest solely based on the fundamentals of the company. This comes from a combination of research into the company, its management team, product line, future potential, industry in which they operate, etc.
The next question that will probably be asked is why I invest in just "risky" stocks. Put simply I only invest where I see the potential for 10x my investment.
IMO, DYOR
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