posted by mark
on Thu, 06/16/2022 - 12:17
People are much less risk adverse when the market is booming and the risk is high like the last 2 years.
They are more risk adverse when the market is low and the risk is lower like we’re seeing in the current market.
The above is synonymous with buying extra goods when prices are at a premium and doing without when goods are discounted.
Markets are one of the few places that this phenomenon occurs. Be a smart investor.
Be smart, be well-read, be aware and be successful.
"Face your fear, empty yourself, trust your own voice, let go of control, have faith in outcomes, connect with a larger purpose, derive meaning from the struggle."
-Jigoro Kano - Founder of Judo
