This might be an uncomfortable read for some. If you might take umbrage at what you are going to read, I suggest heading to other friendlier parts of my website such as “what’s holding us back in our wealth management journey”.
The market don’t really make sense on a day to day basis. Benjamin Graham, father of value investing famously said this. “In the short run, the market is a voting machine. In the long run, the market is a weighing machine.” Personally, I agree with this and that you should really invest in the companies you want to see grow in the long run.
Alas, in real life we have plenty of distraction coming from our friends, “Gurus“, Gamestop, Bitcoin, Elon Musk (just to name a few).
On the ground, here is a story of bullshit that I hear one investor says and here’s how to identify them....