As John Maynard Keynes said, it doesn't matter what you as an investor think of a stock, or what you think other investors will do, or what other investors thin

As John Maynard Keynes said, it doesn't matter what you as an investor think of a stock, or what you think other investors will do, or what other investors think you will do, or what other investors think other investors will do, what matters is what other investors think other investors think other investors think other investors will do. "And there are some, I believe, who practice the fourth, fifth and higher degrees." https://en.wikipedia.org/wiki/Keynesian_beauty_contest https://en.wikipedia.org/wiki/Keynesian_beauty_contest