IKN

More matter with less art

Of all the stock market neuroses out there…

…the one that troubles me the most, the one that delivers the most harrowing window into the investor’s soul, is when a person takes a long position in a stock, the stock goes up and he or she is still not happy with the outcome. The discontent can take many forms, be it not having bought enough stock, or the rise not quick enough, or underperformance of its peers or an index, but the root is the same.

ps: I should point out that it troubles me that I worry about it as much as anything else.

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