Today’s must read comes from Ben Carlson:
Bull Markets: Fear of missing out.
Bear Markets: Fear of being in.
Bull Markets: Everything I buy is going up — I’m a genius.
Bear Markets: Everything I buy is going down — I’m an idiot.
Bull Markets: See, fundamentals always win out.
Bear Markets: See, technicals and sentiment rule the markets.
Bull Markets: Buy & hold works.
Bear Markets: Buy & hold is dead.
Bull Markets: I’ll be greedy when other are fearful.
Bear Markets: I lied — I’m fearful when other are fearful.
Bull Markets: Why would I want to diversify?
Bear Markets: Why was I so concentrated?
Thats just a taste of it — go read the full post . . .