"Just remember.... The market is ALWAYS RIGHT, everything else is just an opinion"
Im sorry, but that's the stupidest thing, I've read this morning.
If the market was "ALWAYS RIGHT", then you would never get undervalued or overvalued companies, in the first place!
The market is not an unemotional sentient being.
The market is NOT always right, because the market, is made up of people.
People, with emotions, fearful people, greedy people, people who don't do their research, weak people...
I could go on and on, about the diversity of people, that make the "market" the irrational creature it is.
Surely you can understand that?
"Just remember.... The market is ALWAYS RIGHT, everything else...
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