It will happen to almost every investor. Everything you buy is working out. You buy it, it goes up. It can give you a feeling of invincibility. And maybe you are the second coming of Warren Buffett. But don’t be fooled. Stocks don’t know you own them. Just because you bought them doesn’t make them go up. Just ask Warren. He’s owned Coca Cola for years. The stock was $80 in 1999 and it’s $54 today. Even the best investors get their head handed to them sometimes.
Don’t let success make you overconfident. That was the undoing of most investors in the tech crash in 2000.