You are viewing a single comment's thread:
Conviction when everyone is in panic and going against the market is something quite uncomfortable but it is really where real wealth is made, given the fact that your investments need to have long term fundamentals and utility of course.
You're right, but 90% of people will never hold onto their conviction even when they know that there's a huge that that they'll win big. I think most people will not take the slight odds, they're more comfortable with what everyone is holding, it's not like they've done their research, but they feel that since a lot of others are holding it, then that might be the signal they need.
The right thing might be the hardest things to do.