Markets are like a pendulum which swings from one extreme to another.
When markets are down, everyone thinks it’s end of the world & markets are never going to recover.
When markets are up, everyone thinks that boom will continue forever & markets cannot ever go down.
It’s in the extremes, you have to be rational.
It’s in the extremes, you seperate yourself from the herd & do what you feel is right.
Pendulum keeps swinging from left to right, markets keep rising & falling; up & down.
One who understands this has understood one of the greatest mysteries of markets.
