
The path to disaster
Dagens visdomsord från William William Eckhardt.
People want to buy cheap and sell dear; this by itself makes them countertrend. But the notion of cheapness or dearness must be anchored to something. People tend to view the prices they’re used to as normal and prices removed from these levels as aberrant. This perpective leads people to trade counter to an emerging trend on the assumption that prices will eventually return to “normal”. Therein lies the path to disaster.
William Eckhardt
Fler visdomsord finner du här!

2025-02-08 | Peter Lynch |
2025-02-07 | Små spekulanter... |
2025-01-18 | George Soros om oförutsägbara marknader |
2025-01-18 | Gustave le Bon the crowd |
2025-01-17 | Stanley Druckenmiller om stora vinster |
2025-01-01 | Övertrejdning |
2024-12-24 | Förtroende är avgörande |
2024-12-21 | Du behöver inte vara ett geni! |
2024-12-19 | Soros är en bra "loss taker" |
2024-12-14 | The meaning of the market |
2024-12-12 | Surf bums |
2024-12-11 | Håll i vinnarna! |
2024-12-10 | Lipschutz om tålamod |
2024-12-07 | The path to disaster |
2024-12-05 | Information |
2024-12-03 | Den största missuppfattningen |
2024-11-30 | Hårt arbete |
2024-11-29 | Erfarenhet |
2024-11-27 | Long-term returns |
2024-11-20 | Lappkast |

