Falling markets reveal our thinking to us. While some panic, all would benefit from reflecting on our mental models of picking stocks and why we buy sell or hold them. This post is about what mental models might have led you to losses, and will probably keep you trapped there forever, if not corrected.
These "**12 Silliest (and Most Dangerous) Things People Say About Stock Prices**" are taken from Peter Lynch's book "One up on Waal Street". He was the greatest alpha generator history has ever seen - delivering returns double that of S&P 500 from 1977 to 1990 - his tenure at Fidelity Megallan fund.
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