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Podcast: Money Ripples Podcast
Episode: Believe the Opposite | 535
Description: Do you believe that if everybody is expecting something, then it's probably not going to happen? I belong to that school of thought. I choose to believe in the opposite. If everybody expects the stock market to go up, what will happen is, it'll stop going up. If everybody expects real estate to crash, that is your first sign that it probably won't happen. If you listen to the majority, the majority is usually wrong.Do you remember before the.com bust? Everybody was talking about the.com boom and how amazing it was, and as a result...