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“Be fearful when others are greedy, and greedy when others are fearful” - Warren Buffett You seem to be doing the opposite.
by symlinkk 6y ago
“Be fearful when others are greedy, and greedy when others are fearful” - Warren Buffett
You seem to be doing the opposite.
- paulpauper 6y agosomeone could have used that logic to avoid TSLA when it was at $50 Not that he is wrong, but heeding aphorisms is not that useful in terms of making money.
- blantonl 6y agoYup, exactly. There is such thing as momentum trading. Most of my positions were already closed out last month. So all the above thesis’ that said I was doing the wrong thing were.... wrong. I also have significant positions that are DCA boring stuff, angel investments, real estate, all across the board. As well as I do a lot of selling premium in the options markets (theta gang). It’s funny how folks are quick to lecture... :)