Being Quote by Randal Cremer
“At the first rumors of war, timid investors in various government stock, being panic-stricken, sell out, to their loss and the gamblers' gain.”
About This Quote
Source Article: Financial Times, 2019
Panic selling in early war rumors harms timid investors and benefits speculators.
In simple terms: Fearful selling hurts, reckless buying profits.
Key Takeaway
Avoid panic selling.
Themes
fear
speculation
war economics
Mood
cautious
analytical
Type
financial
educational
When to use this quote
- stock market downturns
- geopolitical crises
- personal finance
Key Concepts
market psychology
risk management
investment strategy
Questions to Reflect On
- What signals indicate a panic sell?
- How can you stay disciplined during market turmoil?
A Different Perspective
Timing and information also affect outcomes.
