‘Successful Investing Is Anticipating the Anticipations of Others’
February 12, 2011 at 20:07 PM EST
‘Successful investing is anticipating the anticipations of others.‘ (as quoted in Isms (2006) by Gregory Bergman, p.105) As long as everybody and his grandmother assumes that any ‘dip’ will provide a favorable buying opportunity, a sizable dip really worth mentioning will probably not materialize (for the time being). And with the S&P 500 posting a [...]