Supposed Rules of Hot Copper: you're allowed to spread fear...

Supposed Rules of Hot Copper: you're allowed to spread fear first thing in the morning if overseas markets were down overnight, but don't you dare mention if overseas markets were up as that is considered pumping.

The day to day movements are irrelevant. Yesterday people were screaming about great depression level periods of no or negative growth in global markets, today people are talking about getting back to or above the levels from a week ago. The current short term storm is a wet dream for media companies and commentators as it attracts attention, which attracts clicks, which builds an audience, which drives their revenue models. The result for markets...short term over reactions plus and minus.

In up markets everyone is a long term investor on the path to becoming the next Warren Buffett. In down markets everyone becomes macro strategists, geopolitical experts and bond specialists.

The key to success is discipline. Discipline is when your long term goals change your short term behaviour, not the other way around.

But, you need to ask yourself:

Does the world need ReRam?
Is Weebit the only independent provider of ReRam?
Are there advantages for customers to adopt Weebit's ReRam?
Does Weebit have an enviable board of directors?
Does Weebit have 13+ phd's constantly developing its ReRam?
Is Weebit in commercial negotiations with the largest companies in the world?

If the answer to the above is yes, then stay disciplined.

Investing in a start-up can be rewarding over the long term, but that doesn't mean you won't get punched in the stomach many times along the way. Ask anyone who has been successful in this regard and they will agree. In my career I have worked with many successful people (net worth's in the hundreds of millions) , and the one thing they have in common is that they all felt exactly how you felt yesterday many times but they always remained disciplined.