In investing or trading; most of us are likely to be guided or steered by our own good and bad personal, family or close relatives investing or trading experience; and then we MAY remind ourselves what to avoid.
Generally; it is better to regret NOT making more then to feel sorry about losing it back all and more.
So Uncle8888 doing 守株待兔 as he is strong believer in market timing based on his own investing experience.
There are the same stock and corporation riding the market and economic cycle of Boom and Doom and the investment outcome year after year over past decade is drastically different.
It is NOT easy for him to escape from self-trapping into this investing bias.
So he may be foolish? …