作者说炒股的都是傻瓜,那他怎么知道什么时候跌,跌多少?逻辑首先有问题。
7. Bulls markets create arrogance. Novice investors believe they are smarter
than industry professionals. Retail investors generally buy stocks they
know and like if those stocks are already rising, betting that there will
always be a "greater fool" willing to pay an even higher price later.
8. Bear markets create evidence that professionals are no smarter than
novices.