YOLO stocks to $1 Million ? U Have ? Risky ?
@JC888:
I came across this post that piqued my interest. (see below) It is the first time I heard of this terminology being applied to US stocks. As expected, I dived in, savour it, did a bit of R&D to find out more and is (now) sharing what I have gathered & learnt. Enjoy ! Principal of High Price of "Once" The transition of "YOLO" (You Only Live Once) from a social media hashtag to a prominent trading strategy has fundamentally altered the retail landscape. The term originated in 2012 to encourage living in the moment, its application to finance spiked significantly in January 2021 during the height of "meme stock" mania. Unlike traditional value investing, which focuses on balance sheets and long-term horizons, YOLO trading is characterized by concentrated, high-risk bets, often involvi
