Considering the expected value of your publicly traded stocks at 0 is not good advice. If you actually believe that, then it would make sense to trade all of your holdings for a dollar.
I didn’t ignore it. It’s just in conflict with your first sentence. I’m not sure if you’re talking about EV in technical terms, or a more lose “count on it way”, but neither makes sense to discount to 0. Like if you’re 50 and have a million dollars in stocks for retirement, you should put an expected value of 0 on that? Seems silly to me.
Fair point. My unstated perspective was from investing in a single stock without stop-loss orders using an informal 'don't count on it' definition. Yes, depending on the stock and many other factors - it probably shouldn't be zero. Same should be said of the equity package in the parent comment depending upon the circumstances and terms.