Martha believed in getting a good start to each day. She was convinced that a day begun well would only got better, whereas one begun badly would go downhill. She carried this philosophy into her investing as well. She bought only stocks that had gone up significantly in the months before, believing that the stock's surge would act as inducement for other investors to buy it, thus creating a self-fulfilling prophecy. When asked about whether she was worried that the price may have gone up too much, Martha responded that it did not matter to her as long as she could sell to someone else at an even higher price.
Martha noticed that the stocks in her portfolio almost never did as well when she ...
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