fatslob-:O said: I don't exactly put much stock in psychology ... I could make an easy refutation like this, "optimistic stock investors are more likely to take risks and reap more gains compared to pessimistic ones" therefore making OP's point bunk ... |
Uh no, typically investors make the most money selling at peak prices, they're the pessimists seeing where the cliff is. Also the entire business of short selling is huge and entirely based on pessimism.