By Chris Bailey of Financial Orbit | Sunday 1 September 2019
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Investment is a credibility and confidence game. And part of this game is admitting that sometimes (actually quite often) you are wrong on shares. But as always it is how you react that matters and with psychology being an important driver of share prices in the shorter-term, trying to work out what the average investor is thinking is part of the game.