The people who sell because others are selling, are not the people who get all the upside or manage to hold things for years and years. They wouldn't have held Amazon all the way or CSL all the way.
If everyone is panicking then being rational looks really stupid short term (toilet paper much)... I would be much better off had i anticipated how stupid the average apt investor actually is but long term results will prevail regardless and we shall see who is right.
The sell everything crowd will also miss half the recovery. eg they already missed a few dollars Friday and possibly a few more by Monday close ... I however, have an extra 4000 apt because it's incredible value based on $400+m revenue, 100+% growth, launch in Canada, in store yet to roll out in USA etc. So I'll recover much faster to where I was before and beyond
Ppl told me to sell everything before in the teens and now the bottom during Virus panic of 2020 is above the previous high of 2018....
