Most investors have a common habit: once a stock rises by 50%, 100%, or even 200%, they can't wait to sell it. Lynch, however, believes that this is the biggest "anti-humanity trap" in investing.



He repeatedly emphasized: "If you sell a stock when it has risen twice, then you will never own a tenfold stock."

A real case is his investment in the Stop & Shop supermarket chain. This company expanded rapidly in the early 1980s, with profits increasing year after year. After Lynch held it, its stock price quickly rose by 50% and then 100%. But he didn't rush to cash out; instead, he continued to hold and ultimately achieved over 10 times the return.

He wrote in the book: "Too many people take profits when there's a 50% rise, and then watch the stock continue to rise 10 times. The cost of selling too early is often your biggest loss."

Long-term holding not only tests vision but also tests faith and patience. Lynch's secret lies in: as long as the company's fundamentals do not deteriorate, let the winners continue to run. #GateioInto11#
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