Furthermore, parent is assuming investors are rational. In an environment like the current, when ppl see their portfolio drop 10% in a single day and worry abou

Furthermore, parent is assuming investors are rational. In an environment like the current, when ppl see their portfolio drop 10% in a single day and worry about their lives, they aren’t making rational pros vs cons decisions. They aren’t calculating future value. They are panicking and just do whatever they can to make their lizard brains feel better.