Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well. The propensity to gamble is increased by a large prize versus a small entry fee, no matter how poor the true odds may be.
12 Warren Buffett Quotes on Bubble Psychology
12 Warren Buffett Quotes on Bubble Psychology
12 Warren Buffett Quotes on Bubble Psychology
Most people get interested in stocks when everyone else is. The time to get interested is when no one else is. You can’t buy what is popular and do well. The propensity to gamble is increased by a large prize versus a small entry fee, no matter how poor the true odds may be.