Occasionally, I can still see some big V’s posting some potential ten-fold and hundred-fold lists. I think they are confused by the high odds. It’s not that if they fall too much, they will rise. Many people believe that the cottage that has fallen by 99.99% will be able to return next time the bull market returns. Increase ten times or even a hundred times. But there are some problems with this way of thinking: 1. Is it inevitable to rebound after falling too much? The industry has been changing, and the operating value of the project is changing. It is not possible to bounce back after falling too much. Some will be cut in half and then cut in half. It seems that they have fallen a lot, and the profit margin will be doubled if they rebound casually, but they are more likely to fall by another 50%, and they may not necessarily have investment value. 2. The time required for rebound is uncertain. Even if it is worth a little bit, it is not fun. Even Buffett admits that the time needed to repair underestimated investments is uncertain. In the final analysis, the behavior of playing a copycat to gamble with a hundred times the space is essentially guessing, and it is based on someone who is more stupid to buy it, or knows nothing about investment, just a little bit of gambling skills. 💩💩