A contrarian isn’t one who always objects - that’s a confirmist of a different sort. A contrarian reasons independently, from the ground up, and resists pressure to conform.

  • Naval Ravikant
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Joined 9 days ago
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Cake day: January 30th, 2025

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  • The only company I’ve ever truly been invested in is the one I’m running myself. I’ve never seen working for someone else as anything more than trading my time for monetary compensation. The only reason I ever cared about a company’s success was to ensure I still had a place to earn a living from.

    If it were a small business where I felt valued, then maybe it would be different - but not when we’re talking about a company that employs hundreds and the CEO doesn’t even know me by name.














  • This kind of “active” stock trading is essentially an attempt to predict the future. If you own Nvidia stock and hear about a new disruptive technology entering the market, you might predict that its stock value will drop. So, you sell now before the price falls too much, intending to buy back at a discount once you think it has stabilized.

    When enough people do this, it triggers a chain reaction - investors see their holdings losing value and rush to sell before it’s “too late.” But in reality, it’s rarely too late because, more often than not, the price eventually rebounds. The only reason people lose money is that they panic and sell at a loss. There hasn’t been a single stock market crash in history that we haven’t recovered from.

    That’s why writing news articles about short-term stock fluctuations is mostly pointless - these movements barely even register on the graph when viewed over the long term.