What I have observed about the stock market. The difference between the 2X win and the 100X win, is the starting position of the investor. A guy who can't afford to lose his investment - a working guy - will sell when he has a 2X gain. A rich investor, who doesn't need the money he invested in the stock, can and will wait many years and reap the much bigger gain. Same with losses....the small investor will tend to bail if the stock goes down 20%. A rich investor can wait through the decline and let the stock recover.