I try to read the Bible in the morning. I’m not a disciplinarian about it but I’ll do it when I can, for as long as I’m able to. On May 9th, I happened to be in the Bible in the book of Romans. I read the following:
Not only that, but we rejoice in our sufferings, knowing that suffering produces endurance, and endurance produces character, and character produces hope, and hope does not put us to shame…. (Romans 5:3-5)
When I read that, it was around 1130am PST. I thought – wow that is a cool verse. I inked an “A-men!” on the margin next to it. What I didn’t know was that two hours later, Upstart stock would be down 56% due to an earnings report. As I write this, Upstart is now trading at around $30, down 90% from its high last year of $390.
If you’re reading this, it’s because you also lost something. I’m sure it was money, but it was probably something else too. Maybe it was the down...
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