At the end of part 1 of this blog post we parted with the open question: How were most of these investment legends able to be wrong more often than they were right and still make incredible profits? To analyze the differences the author grouped those investment legends according to certain behaviors they displayed after the investments were made (entry is not as important as so many people try to make us believe), namely, when they were loosing and when they were winning.

A) They were loosing. What did they do?

The RABBITS were caught in capital impairment.  When they were losing they did nothing, which proved to be wrong in any potential future development.  Wrong, wrong, and wrong again. The ASSASSINS sold losers quickly when the loss extended beyond a range of -20 to -33% per trade.  They stomached a much bigger loss than our regular stop loss of ......