The proper market education drives out fear and increases probability of success:

Comments (4)
No. 1-2
rcwarship
rcwarship

Investors making purchases in an overheated market need to recognize that it may often take an extended period for the value of even an outstanding company to catch up with the price they paid. — Warren Buffett

philip_from_cal
philip_from_cal

Jack Bogle who died in January, said that for investors, it is a zero-sum game. He didn't know how to average down on good companies.