Hey folks,
About a month ago, the world was in full-on trepidation and panic.
Will we ever find a vaccine? Is this worse than the great depression? Will this last longer than 2008? How many more people will die? Will Singapore go into lock-down?
There was so much ambiguity and uncertainty, and it was reflected exactly in the markets. Funny enough, none of our questions have been answered, but today the market is looking jubilant and has been rallying.
This is human nature, where we are adapting to the uncertainty and slowly understanding that this it the new norm. This is human nature, where many regret their sell-offs and rush to buyback fearing that they will miss the boat. I myself have had such a difficult time staying my hand from click on the “Buy” button.
The problem is, this is exactly the herd sentiment. Many have...