When we think of the market as a rational person, it gives us the feeling that we can predict how it can behave. Do not humanize the stock market, do not project your logic on it because it does not think or act like a normal person.
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You don’t make money when you buy and you don’t make money when you sell. You make money when you wait. – Charlie Munger
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When we think of the market as a rational person, it gives us the feeling that we can predict how it can behave. Do not humanize the stock market, do not project your logic on it because it does not think or act like a normal person.
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Media has turned business news into a never-ending carousel of investment guru after the next. To be a successful investor, don’t listen to them. Seriously, don’t!
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