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Avoid following the crowd in investing decisions from "summary" of The Intelligent Investor, Rev. Ed by Benjamin Graham
The intelligent investor must realize that the stock market is not a game for amateurs. It is not a place to follow trends or act on emotions. Instead, it is a place for careful analysis and rational decision-making. Following the crowd in investing decisions can lead to disastrous consequences. When everyone is buying a particular stock, it is often overvalued, and the intelligent investor knows to stay away. Conversely, when everyone is selling a stock, it may be undervalued, presenting a buying opportunity. The key is to think independently and not be swayed by the emotions of the market. This requires discipline and a long-term perspective. The intelligent investor does no...
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