How the Smartest Money Ends Up With 100x Gains, Not 2x

Most people think the hardest part of investing is finding an idea that can double.

It isn’t.

The hardest part is holding onto an idea long enough to find out whether that 2x can become 10x, 50x, or even 100x.

For most people, a 100% gain feels like a home run.

But sometimes selling too soon is the difference between making enough to cover a few mortgage payments… and making enough to pay off the house, buy a second home in Costa Rica, or completely change what’s possible for your family.

That’s the kind of asymmetric difference I’m talking about when I say life-changing gains. And I know how expensive it can be to miss them.

One emotional decision early in my career cost me nearly $20 million. I’ll tell you exactly what happened in a moment.

First, I want to show you two stories that explain why the difference between 2x and 100x often comes down to what you do when holding gets uncomfortable.

Two Pizzas, $812 Million