12 Silliest (and Most Dangerous) Things People Say About Stock Prices by Peter Lynch

Yuqiu Ge
1 min readMay 21, 2022

If it’s gone down this much already, it can’t go much lower.
You can tell when a stock has hit bottom.
If it’s gone this high already, how can it possibly go higher?
It’s only $3 a share, what can I lose?
Eventually, it will come back.
It can’t get worse than this.
When it rebounds to $10, I’ll sell.
Conservative stocks don’t fluctuate much.
It’s taking too long for anything to ever happen.
I lost a lot of money because I didn’t buy it.
I’ll catch the next one.
The stock is up, so I must be right. The stock is down, so I must be wrong.

You’ve probably heard all of these and a few more, and if you catch yourself thinking along these lines, it’s time to reassess: https://www.valuespreadsheet.com/blog/dangerous-sayings-about-stock-prices

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