The biggest mistake I see is "The price is plummeting! It's a frickin' bargian!"... | Hacker News

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		TomGullen on May 24, 2012 \| parent \| context \| favorite \| on: Facebook Shows There's a Sucker Born Every Minute The biggest mistake I see is "The price is plummeting! It's a frickin' bargian!" Have actively tried to stop people investing on that or a similar premise without any luck.

ams6110 on May 25, 2012 [–]

Glad I didn't think that when I bought AAPL at $14 in 2001.

mikeash on May 25, 2012 | | [–]

For any risky strategy, you'll find people who used it and succeeded. That doesn't make the strategy non-risky, nor necessarily wise.

TomGullen on May 25, 2012 | | [–]

That's called being results orientated. Just because it worked doesn't mean it was a good decision.

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