DATA POINT: A 33% limit A loss of 33% requires a 50% subsequent return to break even. My findings show only 11% of the winning stocks (101 in total) that my top investors made produced realised returns of more than 50%. Only 21 of investments analysed realised a return of over 100% – 1% of the investments made Price targets and a predisposition to snatching profits when winning (see chapter 4) help explain why so few big winners were realised. The reality is, many stocks go up hundreds or thousands of per cent, but few investors stay invested for the duration of the ride. Most sell once they
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