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• #4142 avl senior tag

  Új Válasz 2023-09-04 15:15:28 #4142

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  avl

  senior tag

  most olvastam:
  George Soros says that whenever he sees a bubble, he rushes in to buy it.

  If you’re an intelligent person, that might seem crazy. Why would you purposefully want to buy an overvalued investment?

  But if you’re a smart person, maybe it makes sense.
  You know that bubbles are likely to grow larger and last longer than most people imagine. You understand what’s going through people’s minds, and you know investors will keep frantically buying for some time not because the numbers make sense, but because their neighbor got rich and they’ll spiral down a black hole of jealousy and bad decisions.

  “That’s not irrational,” says Soros. (But please don’t try this; you’re probably not as smart as Soros).

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