My Split Personality in the Stock Market: Why I’m Buffett in a Bull Run and Ready to Quit School in a Crash
A note to my future self—the one who might be panicking during a crash or getting a big head during a boom. We often hear the saying, “The stock market is a form of spiritual discipline.” But for most of us, it’s less about Zen and more about a severe case of “investment schizophrenia.” If you look back at the 2000 Dot-Com Bubble or the 2008 Financial Crisis, countless investors kept repeating the same tired script: They got greedy when they should have been terrified, and terrified when they should have been greedy. ...