I frequently see posters say that they "believe" in a company. For some, this may just be short hand for "I've done my due diligence and I think this is a good investment", but it's clear that some readers of this sub (and many readers of some other investing subs) let their excitement get the better of them and rationalize their investments, claiming faith, belief, etc., in lieu of careful consideration.
The market this year has been wild and many people have done very well with minimal analysis. I'm not arguing you shouldn't take risks, just that you be honest with yourself about the risks you're taking.
Submitted December 10, 2020 at 09:12PM by gammarayjetson https://ift.tt/33YhFQs
