Discussion about this post

User's avatar
T LI's avatar

being part of the herd all the time certainly doesnt work. but then being a contrarian all the time also doesnt work, which is why this game is so hard. and this quote always stuck with me

“The CROWD is always wrong at market turning points but often times right once a trend sets in. The reason many market fighters go broke is they believe the CROWD is always wrong. There is nothing further from the truth. Unless volatility is extremely low or very high one should think twice before betting against the CROWD. - Shawn Andrew”

Expand full comment
Ihab Nasr's avatar

Great piece of work Conor - Love the back-testing of the list of stocks from Brian's thread back in 2021 showing how bullish the sentiment was vs what actually occurred. I was personally invested in 2 of the stocks on the list and have exited with losses , thankfully didn't place any big bets and had allocated some 10% of my portfolio to some of these 50x prospects in a bid to silence the FOMO feeling in my stomach without blowing myself up. Still a lot of lessons learned from these small bets.

Expand full comment
2 more comments...

No posts