Continued effort may surprise you

I envision Point C as some level of adversity hitting, after seeing some success. It is easy to become a “deer in the headlights” when you hit that point. Run, as true stride may be just around the corner.

***UPDATE***

That doesn’t mean, however, to climb straight uphill forever. You have to strike a balance between putting more chips in the bucket and learning how to cut your losses.

Case in point from an investing master:

Warren Buffett, whose Berkshire Hathaway lost $900 million earlier this year from his foreign-currency investments, cut his exposure to forex contracts from $21.5 billion in June to $16.5 billion in September, before the recent strengthening of the U.S. dollar. – Institutional Investor

Mr. Buffett cut his losses, and while they seem big, paled in comparison to the billions BH made being “short” the dollar.

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