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Twelve Silliest (and Most Dangerous) things People Say About Stock Prices by Peter Lynch

 

  1. If it’s gone down this much already, it can’t go much lower.
  2. You can always tell when a stock’s hit bottom.
  3. If it’s gone this high already, how can it possibly go higher?
  4. It’s only 10 Rs. a share: what can I lose?
  5. Eventually, the Share price always comes back.
  6. It’s always darkest before the dawn.
  7. When it rebounds to 100 Rs, I’ll sell.
  8. What do I worry about? conservative stocks don’t fluctuate much.
  9. It’s taking too long for anything to ever happen.
  10. Look at all the money I’ve lost: I didn’t buy it!
  11. I missed that one, I’ll catch the next one.
  12. The stock’s gone up, so I must be right, or... the stock’s gone down so I must be wrong.

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