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by cygaril
2562 days ago
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Getting involved is risky - even if you are right (and I think you are), the price could still increase by a large amount for a long time before sense reasserts itself. As Keynes apparently did not say: "The market can stay irrational a lot longer than you can stay solvent." If you hit your trading / credit limits you could lose a lot of money despite being right in the long run. And as Keynes definitely did say, "In the long run, we are all dead." |
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