drives investors to throw in their lot with the crowd in pursuit of profit, and eventually they pay the price.
Sunday, January 13, 2013
Greed is an extremely powerful force!
Greed is an extremely powerful force. It’s strong enough to overcome common sense, risk aversion, prudence, caution, logic, memory of painful past lessons, resolve, trepidation and all the other elements that might otherwise keep investors out of trouble. Instead, from time to time greed
drives investors to throw in their lot with the crowd in pursuit of profit, and eventually they pay the price.
drives investors to throw in their lot with the crowd in pursuit of profit, and eventually they pay the price.
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