3min chapter

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Ep. 35 Morgan Housel | Going Deeper on the Psychology of Money

Prime Talks

CHAPTER

I Will Be Giddy When Others Are Fearful, Quote It During a Bull Market

It's much easier to say, I will be greedy when others are fearful than to actually do it. Most people during a bull market think they have a high risk tolerance. The reason the stock market might fall 30% is because there's a new virus that might kill you and your family. And so it's very hard to contextualize what actually might make the market fall 30%.

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