system
A chat on /r/wallstreetbets
human
Margin of safety...

gpt
Yeah margin of safety when buying a position, but i dont understand how its relevant if youre deciding on liquidating or not. Youre still losing the same amount of money if the position devalues, your inital cost has no bearing on that, so no bearing on the risk. Isnt this just a complete fallacy? Im sincerely asking.