Stocks Drop 4 Weeks In A Row; Mired In Losing Streak?

“Pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside and something else will take its place. If I quit, however, it lasts forever. That surrender, even the smallest act of giving up, stays with me. So when I feel like quitting, I ask myself, which would I rather live with?” ― Lance Armstrong

When you are in high school, students must take physical education. As part of this course, teachers usually require some form of running. When you run distances, it helps your cardiovascular system. You may be required to run a half mile, or a mile, or a certain number of laps around a track, or maybe circling a large field. In many cases, it is timed. There are many people in the world who enjoy this form of exercise, and there are others who detest it. If you are trying to do the best you can and get the quickest time possible, sprinting at the finish is advisable.

When you do push yourself, there is going to be physical pain involved. Mr. Armstrong, a controversial ex athlete who won quite a few Tours de France, was once considered the greatest cyclist of all time. While his steroid use may minimize his stature, the observation about the temporary nature of physical pain versus quitting seems quite fitting, especially if we apply it to our neck of the woods, which is the investment universe.

As we all know, things constantly change. The outlook for specific industries, and the companies that populate them, is dynamic. For example, in the last decade, sports betting was viewed as a staid area of the gambling market. Up until two years ago, illegal gambling had a huge share of the sports betting market. Once the Supreme Court allowed sports betting to be determined by the individual states, it changed the perspective of investors towards this endeavor. Mobile sports betting now dominates the sports betting landscape, and there is a great deal of excitement about its future prospects. A great deal of capital has been raised to compete for customers in the states which allow sports betting. Not every company will be successful, but the industry's future is seen as bright.

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Disclaimer: Thanks for reading the blog this week and if you have any questions or comments, please email me at information@y-hc.com. Y H & C Investments, Yale Bock, and the family of Yale Bock ...

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