- Many would have said that gold at $1500 is expensive now but back in 2003, we were able to buy it for around $200-$300. Gold have been in a bear market for almost 18 years. Not many would have considered owning gold then.
- I was talking to my colleague and pose a question to him:"Would the interest rate on our savings deposit ever reached 5%?" His exact answer is "Not a chance." Readers would note that in the 1980s to combat high inflation saving interest rate did reached 4%. Almost the exact scenario ...
Part of the reason big money is made in growth themes and distress themes is because they are so ignored that the early investors and players made the most.
However, the human brain is wired in such a way that not many allow themselves to evaluate things objectively.
Take the case of these examples here.