I have lost faith in any presumption of knowledge being offered by financial services industry to a general investor. I wanted to cash out and sell everything out of precaution after hearing the first news about the virus and seeing 5% reduction in my portfolio value. They said no, hold on, it'll rebound. Second waive, 12% down, no, hold on, selling now is even more dumb than selling two weeks ago. I am 35% down today. I don't even blame them, honestly. What for? They have no clue. F...k me for being naive.
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"An idea is always a generalization, and generalization is a property of thinking. To generalize means to think." Georg Hegel
“To generalize is to be an idiot.” William Blake
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