LogFAQs > #965862133

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Topic	Stock Topic 37
red sox 777 06/16/22 2:07:59 PM #132:	I mean this phenomenon of retail buying in near the top and then getting shaken out by a crash has happened literally over and over and over for 120+ years and probably a lot longer than that. There's nothing unusual or nefarious about it; it's just human psychology. If you act ahead of the market, you make a lot of money. If you act behind the market, you lose a lot of money. And if you just hold through it all, provided your companies are good, you eventually make a lot of money as the long term direction is up. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:965862133] in Stock Topi... [t:80025497]...</cite> <quote>I mean this phenomenon of retail buying in near the top and then getting shaken out by a crash has happened literally over and over and over for 120+ years and probably a lot longer than that. There's nothing unusual or nefarious about it; it's just human psychology. If you act ahead of the market, you make a lot of money. If you act behind the market, you lose a lot of money. And if you just hold through it all, provided your companies are good, you eventually make a lot of money as the long term direction is up. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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