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I don't understand your comment about "greed." Some people decide to buy, at say $54 in 2004. Others avoided the temptation for "greed," and decided not to bu
by dogruck 9y ago
I don't understand your comment about "greed."
Some people decide to buy, at say $54 in 2004. Others avoided the temptation for "greed," and decided not to buy.
Then the stock went up 18x.
Who's greedy now?
- optimuspaul 9y agoYeah I'm not sure this is greed at all. I don't think it rises above poor judgement in risk analysis.
- pkaye 9y agoGreed means they had a strong desire for something. It has nothing to do with success. It is just that when they fail and ask why, people say their greed was their downfall. In otherwords look within themselves. Their strong desire for something overrode any critical thinking of the other risks involved. And if they succeed they will of course gloat about how great a investor they are.