No qualifying author-owned investment thesis was confirmed in this post.
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Watching everyone post through their panic and recency bias is quite entertaining. “Damn, I should’ve known these money-making machines were garbage investment choices from the start. If only I had a crystal ball to predict that solid stocks would behave so poorly (in a downtrending market)!”
Lots of you are suddenly nitpicking certain companies because of your confirmation/recency bias to explain a stock’s irrational crash. You can lose a lot more money selling solid companies when their stock is struggling and chasing something else out there…rather than simply being disciplined and keeping a cash reserve ready for juicy pullbacks.
It’s not rocket science, and this very widespread notion is shared on here and other subs very frequently…but of course usually when the market is green and everyone’s sitting comfortable and smug