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Quote by Naved Abdali

“It is always better to avoid hyped stocks and desire to double your money in no time.”

Quote by Naved Abdali

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“If the buyers believe that they can sell assets to other buyers at a higher price, then the purchase price becomes irrelevant.”

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“In a rising price environment, people tend to throw analysis of risks out of the window. In their mind, the only possible risk is not to join the party.”

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“in a rising price environment, party culture and a gambling mindset take over. People think it is easy to make money, and it is fun. The stock market is a big giant casino where the odds are in favor of gamblers. The more you play, the more you win. However, the facts are precisely the opposite.”

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“In a rapidly rising market, the stretch of prices between two points of time is amplified, then so is the general public’s behavior towards prices.”

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“Analyzing prices is not wrong. However, picking inflated prices as your only source of information is terrible.”

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“It's because we have little faith that we look within instead of without.”

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“Fear of missing out single-handedly caused every single investment bubble inhuman history. No other emotion is more powerful than FOMO.”

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“This is why true insight is so inconvenient - it destroys all your bubbles.”

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