Is The Trade Desk a Screaming Buy After Its Massive 53%Stock Price Crash?
“Be fearful when others are greedy and greedy when others are fearful.”
“The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.”
“The intelligent investor sells to optimists and buys from pessimists.”
These statements by (in order) the wildly successful investors Warren Buffett, Sir John Templeton, and Benjamin Graham boil down to a simple concept: Buy low, sell high.
It’s a simple concept but not so easy in practice. In reality, our emotions get in the way. No one wants to lose their hard-earned money, so many investors fall into the trap of buying on optimism and selling on pessimism — or, in other words, buying high and selling low.
This…
