This rule is golden, it will never change or fade. What can change is the attitude of people towards it, that is where the misrepresentation comes from. Naturally, most people will not obey it for one reason or the other. The rule has guided investors for centuries, it is the best. Our level of discipline is in test whenever we invest, most investors will fail this test. Emotion is the cause, it can't be deliberate to see fire and enter it, that is the way I see it. Desperation makes us risk what we can't afford to lose and regret has been the consequence for most.

About Michael Saylor, he must be joking, he has too many to manage and understand the game than most investors.