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3 comment(s). Last comment by Icon8888 2016-05-13 23:21

bsngpg

2,842 posts

Posted by bsngpg > 2016-05-13 14:34 | Report Abuse

Follow wisdom.
If one have wisdom then follow oneself, if one does not have wisdom, it is indifferent either following the mass or staying oneself.

But Chinese proverb says : three ordinary person is better than one. I think this applies to the case with no wisdom.

Wisdom can be knowhow in the specific field.

In share market, if there is no wisdom/knowhow, then it is indifferent either following the crowd or a monkey.

Posted by contemplator > 2016-05-13 22:57 | Report Abuse

Stock market is a place that will rewards the intelligent investor and punish those who are ignorant. When the market shos its true face, often people will have their lesson learnt.
Intelligence in investing doesn't correlate with IQ once you hv IQ of 110 or so.

Icon8888

18,658 posts

Posted by Icon8888 > 2016-05-13 23:21 | Report Abuse

If u look at a glass as half empty , buying popular stocks is call crowd mentality

If u look at it half full, it is called buying stock with high relative strength (or u can call it momentum stocks)

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