As you have mentioned in the past, you should not put more than 10-15% of your money in one investment - so if you have $500k and want to throw $50k ok - but it still hurts. if its your first and only 50k, there are plenty of other opportunities out there to get in the game for lessFor many - Goes back to greed and FOMO as well, last few years everyone and their brother wanted to jump in on the STR and MF space because of these great returns - no different than NFT's and bitcoin before that, but when something moves up quickly, it typically drops pretty quickly as well.

I traded based on their recommendations for years...........their head trader was someone named Corey Halliday.

So, if you and I knew the Fed was going to start cutting the fed funds rate, the traders who do it for a living did as well.

Quicken loans sells their NPN's in pools on a quarterly level that we just made a bid on.Often times, we will also get large institutional traders who have bought large pools from the big 5, who have one off's or smaller traunches of assets that we can pick up as well from this same marketing.  

Now lets look at concentration:Similar, ODC appears to be doing MF, debt, MHP etc.Kawaoka appears to be in anything and everything.Rad appears to be land, rentals and a $50k membership group to teach you how to buy real estate (which is ironic based on their current situation)...Ashcroft appears stays in their lane.Norada has little real estate but ecommerce, membership groups, broadway plays, bitcoin etc. but is starting a STR rental fund...These Jack of All Trades, Master of None....  

They show up and ask three questions and then get one negative response, go crazy, and tomorrow they are in a day trader forum.

As ravens fly across the sky,I pass agreements swiftly by.No need to claim the haunted land,Just find another eager hand.A trader's art without a trace,What practice runs this spectral race?"

Its not Bitcoin of Forex.

One from Nassim Taleb, former prop trader turned author/philosopher: “My lesson from Soros is to start every meeting at my boutique by convincing everyone that we are a bunch of idiots who know nothing and are mistake-prone, but happen to be endowed with the rare privilege of knowing it.”Second is from a hedge fund manager that no has ever heard of named Seth Klarman, but who has done well for himself, if you consider running one of the ten most profitable hedge funds ever doing well. 

I was a former trader on Wall Street and now work at a property tech startup.