Why the crowd loses and believers win: positioning > analyzing
came across this while looking at this for a family friend who has worked at Kroger for 20 years and now has a massive amount of Kroger stock
While looking up the employee program I found this message board on the Kroger forums
Someone was looking to get into the employee stock program and the only responses were how absolutely dumb the person was for trying to go long
those ppl felt justified because Kroger had gone pretty much down only for 5 years. Turns out that was the literal best time to buy and kroger has gone basically up only from that point.
just interesting to see how easy it is for the right analysis leads to wrong conclusions.
At the end of the day the only way to really make it is to build a position and then believe.
While looking up the employee program I found this message board on the Kroger forums
Someone was looking to get into the employee stock program and the only responses were how absolutely dumb the person was for trying to go long
those ppl felt justified because Kroger had gone pretty much down only for 5 years. Turns out that was the literal best time to buy and kroger has gone basically up only from that point.
just interesting to see how easy it is for the right analysis leads to wrong conclusions.
At the end of the day the only way to really make it is to build a position and then believe.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.