In the world of investing, the greatest enemy is not the market itself, but our own misunderstandings and emotional reactions to the market. Price fluctuations may seem chaotic, but they actually hide the ups and downs of human nature, the cycles of greed and fear. Jesse Livermore said: "The market is never wrong; it is always people who are wrong." This is not fatalism, but a reminder that:
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In the world of investing, the greatest enemy is not the market itself, but our own misunderstandings and emotional reactions to the market. Price fluctuations may seem chaotic, but they actually hide the ups and downs of human nature, the cycles of greed and fear. Jesse Livermore said: "The market is never wrong; it is always people who are wrong." This is not fatalism, but a reminder that: