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The Biggest Mistake of My Career

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Thu, Feb 15, 2024 01:30 PM

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Over such a long career, you're bound to make a couple of mistakes. But everything pales in comparis

Over such a long career, you're bound to make a couple of mistakes. But everything pales in comparison to this one and former Wall Street banker Jason Williams wants you to avoid it at all costs! Over such a long career, you're bound to make a couple of mistakes. But everything pales in comparison to this one and former Wall Street banker Jason Williams wants you to avoid it at all costs!                                                                                                      [Wealth Daily] Jason Williams / Feb 15, 2024 The Biggest Mistake of My Career Dear Friends on the Financial Journey, My copy editor, the person who usually makes sure I don’t look silly by misspelling simple words or misusing a semicolon when a comma would do the trick, is on a well-deserved vacation. So in order to cut down on the potential spelling errors, formatting mistakes, and grammatical faux pas, I’ve got a somewhat shorter missive for you today. But what it lacks in wordiness I’m convinced it makes up for in gravity. Because it’s a story about the biggest mistake I ever made in my career as a professional investor… A Walk Down Memory Misstep Lane And the thing is, while I’m not up on the rooftops shouting about it, I’m not immune to errors. In fact, I’ve made quite a few throughout the course of my handful of decades on this planet. And three relatively recent cases spring pretty quickly to mind… Picture this: It's 2012, and I’m sitting at my desk confirming some trades with PIMCO Asset Management over the Bloomberg Terminal. That’s when I overhear a couple of my fellow analysts debating this new digital asset that one had been trading and the other had been accumulating. It was all centered on this new concept called cryptocurrency and the asset in question was none other than Bitcoin. Back then, it cost a few bucks a coin (that’s not a typo — it closed 2011 at $4.70). And it would have made me a tidy profit had I bought and held, but I shrugged it off and the rest is history… [BTC 2011 to Peak] AI Fuels Secret $50 Billion Opportunity Using artificial intelligence, a small company just made the most significant breakthrough in medical history. We’re talking about a revolutionary approach to inventing new medicine that’s up to 10 times faster than traditional drug discovery... Cuts development costs by as much as 80%... And is igniting what Morgan Stanley predicts to be a "$50 billion opportunity" for investors. [Check out all the explosive details here.]( But that wasn’t the first time I missed the boat on a great investment I had the early inside scoop on… There was also that day in 2009… I'm sitting alone in my studio apartment microwaving a Stouffer's lasagna for dinner (depressing, I know). But I was also unwrapping a DVD from Netflix, thinking about what a cool way it was to watch movies… And not even giving a second thought to the company behind it or the stock that represented it. [NFLX 2009 to Peak] But again, that wasn’t the first time I made an investing mistake… Let's not forget that prime deal I snagged on Amazon Prime when I got that discounted student membership during my college days in the very early 2000s. [AMZN Prime Launch to Peak] Unfortunately, I was more focused on the discounts and the free shipping than the stock potential staring me right in the face. The Giant Shadow of a Tiny Thought But here's the twist, my friends. Those "oops" moments, while they might seem pretty big… They're just pebbles on a path. They're nothing compared with the boulder I was about to trip over. But this wasn't about missing out on a stock; it was about missing out on a mindset. Goldman Sachs: AI a "$7 Trillion Opportunity" Banking giant Goldman Sachs just said... That the artificial intelligence (AI) market could be worth $7 trillion in just a few years. And one former Wall Street analysts predicts it could hand you 5,300% profits — thanks to one little-known stock. That’s because this tiny firm holds over 200 patents on an AI breakthrough... One that will be in 70% of cars, 80% of hospitals, and 94% of corporations. To discover the details... [Simply click here.]( Ego Has Entered the Chat Coming from the high-speed, high-stakes world of Wall Street, I had a bit of a chip on my shoulder. I thought I had the golden playbook. And if the market was a game, I believed I was always one move ahead. But boy, was I wrong. This wasn’t a game I could master and move on with… It was a never-ending classroom, and I was skipping lessons. The Lightbulb Moment The real game-changer wasn't a hot stock tip; it was a cold splash of humility. [lightbulb moment] It dawned on me that the market is the world's most dynamic classroom, and I was playing hooky. I was so caught up in what I thought I knew, I missed out on what I could learn from others, even those just starting out or coming from completely different walks of life.  Shots Fired!!! A war is raging between Wall Street and Main Street, and we’re going to battle. Join our private community of like-minded investors every trading day at 9:00 a.m. for our "Opening Salvo." We’ll tell you which stocks we’re watching. We’ll catch you up on key market-driving events. And we’ll be speaking our minds without any corporate sponsors or three-letter agencies peering over our shoulders. Participation is free for anyone with [this invitation.]( P.S. This is an exclusive, limited-time event. We rally at 9:00 a.m. until market open. Trading days only. You must be a member of our private Discord to participate. [Join here]( and check back in at the "Opening Salvo." Turning Pages and Profits This realization didn't just open my eyes, however; it also opened doors… Doors to new strategies, new perspectives, and, yes, new profits. [opening doors] I started listening more than I spoke, learning more than I lectured. And guess what? The market rewarded me for it. My investments started doing better, not because I was smarter, but because I was wiser. Join the Club of Curious Minds So here's my call to you: Let's be students of the market together. Whether you're a Wall Street veteran like me or a Main Street newcomer, I’ve made sure there's [a seat for you at this table](… A table where we're building a community in which curiosity leads and egos take the back seat. It's not just about beating the market; it's about beating our yesterday selves, growing our knowledge, and, of course, growing our portfolios along the way. Let's Make Those Mistakes Count Every misstep is a lesson, and every lesson is a step toward success. As a young man with a big ego, I learned that the hard way, but you don't have to. [Join me, and together let's turn those "what ifs" into "what's next."]( To your wealth, [jason-williams-signature-transparent] Jason Williams [[follow basic] @TheReal_JayDubs]( [[follow basic]Angel Research on Youtube]( After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of [Main Street Ventures](, a pre-IPO investment newsletter; the founder of [Future Giants](, a nano cap investing service; and authors [The Wealth Advisory]( income stock newsletter. He is also the managing editor of [Wealth Daily](. To learn more about Jason, [click here](. Want to hear more from Jason? [Sign up to receive emails directly from him]( ranging from market commentaries to opportunities that he has his eye on. [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.

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