Investing tid bits
⚡Bubbles & Foolishness⚡
During irrational Bubble formation in markets...
- Buying just before it pricks will make us feel foolish
- Not selling just before it pricks will also make us feel foolish
The key though, is, no one knows when the bubble pricks
😁
More from Vetris_stocks
More from Wise investing
Great post. Lots of similarities with how you invest and successful microcap investing. The first bet is about the broad strokes. The subsequent bets is when you see the details fill in and average up. Buy low and then don’t be afraid to buy higher - sometimes aggressively.
Spoke to a group of students from London School of Economics this morning. So many great questions. As usual, multiple Qs gravitate around \u201chow do you know?\u201d Or how did you know or how could you know? It\u2019s the reason I wrote this. https://t.co/aECMjIFxw0
— Ho Nam (@honam) June 27, 2021