"thinking is hard, that's why most people judge" — some guy smarter than methe reason sentiment gets particularly awful during downturns is that CT is dominated by traders(and especially now, many more leverage traders)sentiment and current price are their primary inputsthese are present and past looking, not future lookingit is hard for most (not all) traders to be optimistic because they have a surface-level understanding of thingsfor them to be optimistic, they need to see the price go up first, the pric ...

Charlie Munger's 50% drop rule reveals why most investors fail to build wealth. Discover how to navigate market downturns and achieve lasting success. https://t.co/Q28FJFLukR ...

Investment Psychology - Investing involves psychological challenges similar to extreme examples, potentially impacting an individual's psyche [1] - Repeated negative investment experiences can erode confidence and hinder future decision-making [1] - No one can consistently withstand the negative impacts of poor investment choices over time [1]

Investment Strategy - Charlie Munger's 50% drop rule highlights a key reason why many investors fail to build wealth [1] - The report focuses on navigating market downturns to achieve long-term investment success [1]