I was talking to one of my peers some days ago when the topic of money propped up. My peer was not an investor and when I shared with him my investing experience, I was surprised that he seemed to belittle the science and art of investing. In a nutshell, it seems to him that investing is easy as he told me that one could easily make a profit by buying a stock at one of its lowest price.
When I probed him further on how he could know what price is a low price, he was not able to describe this entry point to me as he told me that a low price should be around there (as if one could feel i). I shared with him that in this new global stocks markets backdrop, what seems to be a “low price” to many investors could go even “lower” ......