比特币橙子Trader|12月 09, 2025 10:03
In 1999, internet tech stocks skyrocketed like crazy. Any company with a '.com' in its name could easily double in value. At a billionaire gathering in Sun Valley, everyone was caught up in the frenzy, mocking Buffett as an 'outdated old man' because he refused to buy any tech stocks. That year, his performance even lagged far behind the market.
People said, 'Warren, you just don’t understand the new era anymore.' Buffett took the stage and poured cold water on the crowd. He presented data to prove that the valuations of these companies were absurdly high, and the outcome was bound to be disastrous. The room fell silent; everyone thought he was crazy.
A year later, the internet bubble burst, Nasdaq plummeted 78%, and countless people lost everything. But Buffett? Completely unscathed.
'Only when the tide goes out do you discover who's been swimming naked.'
#TradingTips Market sentiment is contagious. When even the vegetable vendor is recommending stocks, it’s usually the riskiest time. The hardest part of investing isn’t crunching numbers—it’s staying clear-headed for even one second amidst collective madness.
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