To The Moon

I won’t say I regret missing opportunities in 2025. Regret is a heavy word, one that implies certainty—that I should have known better, that the outcome was obvious. Markets don’t work that way. What I will say is that there are moments, charts, and earnings calls I sometimes revisit with a quiet sense of curiosity: What if?

2025 was a year that made hindsight feel louder than it deserved to be. The headlines were cinematic. Trump’s return to the political stage reintroduced policy uncertainty like a recurring plot twist—tariffs resurfaced, trade rhetoric hardened, and markets oscillated between panic and indifference. At the same time, artificial intelligence stopped being a “theme” and became an infrastructure race. Capital flowed not just into models, but into chips, storage, energy, and anything that could plausibly be described as “critical to compute.” Gold rewrote history. Megacaps stretched valuation frameworks to the edge of credibility. It was a year where fear and euphoria coexisted—sometimes in the same trading session.

Which brings me to the stocks I won’t say I regret missing… but yes, they occupy more mental real estate than they probably should. These weren’t random names I ignored—they were stocks I followed closely, understood, and even liked. I simply didn’t buy them. They, of course, went on to outperform: Warner Bros. Discovery (WBD), Robinhood Markets (HOOD), Newmont (NEM), and Seagate Technology (STX).

Seagate Technology PLC (STX)

Newmont Mining (NEM)

Robinhood (HOOD)

Warner Bros. Discovery (WBD)

I wished I had bought them. I didn’t. And still, I don’t regret it.

Because here’s the part I can’t ignore: even if I had bought these stocks, I’m not convinced the ending would be much different.

I know myself well enough to admit that I probably would have sold too early. I don’t let winners run—I escort them politely to the exit. I am the type who likes to lock in profits. A solid gain and I start thinking about “risk management”. Letting a winner run sounds noble in theory, but in practice it often collides with the fear of giving gains back. I like profits realized. Unrealized gains make me uneasy. I trust red numbers to bounce back more than I trust green numbers to stay.

So no, I don’t regret missing WBD, HOOD, NEM, or STX. Regret implies the answer key was available. It wasn’t.

But 2025 reinforced a lesson I’ll carry forward: markets don’t reward comfort—they reward conviction, patience, and the emotional endurance to sit still while things work.

If one event defines 2025 for me, it’s not a single election result, tariff announcement, or AI breakthrough. It’s realizing that opportunity cost is one of the most underestimated risks in investing—not because a missed trade hurts, but because repeated restraint carries consequences of its own.