Posted by contemplator > 2016-05-13 22:57 | Report Abuse
Stock market is a place that will rewards the intelligent investor and punish those who are ignorant. When the market shos its true face, often people will have their lesson learnt.
Intelligence in investing doesn't correlate with IQ once you hv IQ of 110 or so.
Posted by Icon8888 > 2016-05-13 23:21 | Report Abuse
If u look at a glass as half empty , buying popular stocks is call crowd mentality
If u look at it half full, it is called buying stock with high relative strength (or u can call it momentum stocks)
No result.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bsngpg
2,842 posts
Posted by bsngpg > 2016-05-13 14:34 | Report Abuse
Follow wisdom.
If one have wisdom then follow oneself, if one does not have wisdom, it is indifferent either following the mass or staying oneself.
But Chinese proverb says : three ordinary person is better than one. I think this applies to the case with no wisdom.
Wisdom can be knowhow in the specific field.
In share market, if there is no wisdom/knowhow, then it is indifferent either following the crowd or a monkey.