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He bought it before me at least, so he *made* money. Doesn't matter if didn't predicted the top. He saw a stock that he thought will increase in value, bought some and sold at a higher price. That's what it matters

So if someone buys a stock and then that stocks goes bankrupt. By that logic they lost no money...

Taking money off the table when it is enough for you is the way you guarantee that you make any money...

yeah, but he could have waited a little bit to see signs of a slowdown instead of taking such a radical contrarian view and leaving ~80% upside on the table.

better to risk it going down from $450 to $400 before selling than to miss out on the ride to $800

I hope in both instances the author at least held out the extra couple of weeks until earnings day.

Nope.

Failure to maximize returns is not losing money.

There's a big difference between failing to maximize returns and missing out on an 80-90% upside (so far). Selling at $450 was a pretty bad call

You can't lose what you never had.