2.12.21 The Stock Market’s Cost of Admission
“One of the most helpful things that anybody can learn is to give up trying to catch the last eighth—or the first. These two are the most expensive eighths in the world.” –Jesse Livermore
Countless stock investors would prefer to exit their investment precisely at the top and put their money back into the market at the very bottom of a market correction. Avoiding volatility may sound good in theory, but volatility is the price of admission for the stock market, and the challenge of calling tops and bottoms can be an expensive one indeed.
Television, social media, and now websites like Reddit c
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