Investor sentiment swings between optimism and worry. Marks emphasizes that recognizing these emotional cycles is essential to creating higher funding choices. “One in all my favourite quotes attributed to Mark Twain is ‘Historical past doesn’t repeat, but it surely does rhyme.”
The Concern of Lacking Out (FOMO) issue can result in irrational funding choices. Marks additionally reminded the traders that market bubbles usually type when individuals make investments simply to keep away from lacking out. “There’s nothing so injurious to your psychological well-being as to look at your good friend get wealthy.”
(Disclaimer: Suggestions, recommendations, views and opinions given by the specialists are their very own. These don’t characterize the views of The Financial Occasions)
