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55 | Chris Schelling | The Psychology of Investing

The Greatness Machine

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Introduction

Sean Moa: People have a tendency to sell at the bottom. Part of what is of value from hedge funds, you know, with redemption gates and private equity are that you can't sell at the wrong time. So if liquidity instead of being a positive option is a negative value option,. You just want to lock your money up in good investments over the time frame that you need them... And walk away.

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