Standard Deviations with Dr. Daniel Crosby cover image

Nick Maggiulli - Personal Finance Myth-Busting: The Truth Behind Common Money Misconceptions

Standard Deviations with Dr. Daniel Crosby

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How to Buy a Stock

When you buy a dip, usually the usually the price is higher than what you could have bought at initially. So that's usually, and it's not intuitivel lik o these or discount yabut in if the price of a stock’s a hundred, goes up to 200, and then it drops 20 %. It's one 60. Takwel, i got a deal. I got a 20 % discount yet? But no, you actully paid a 60 % premium. Caue, you're buying it one 60 instead of a hundred, right? That's kind of the idea theyre so it's notintuitive at all. You can do thought experiment that make

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