Customer Quote by William O'Neil
“It is one of the great paradoxes of the stock market that what seems too high usually goes higher and what seems too low usually goes lower.”
About This Quote
Source Book: How to Make Money in Stocks by William O'Neil, 2000
Market prices often trend beyond rational expectations, creating self‑reinforcing moves that defy simple valuation.
In simple terms: High prices rise, low prices fall.
Key Takeaway
Beware momentum traps.
Themes
finance
psychology
markets
Mood
cautious
analytical
Type
advisory
observational
When to use this quote
- trading decisions
- portfolio management
- risk assessment
Key Concepts
self‑fulfilling prophecy
behavioral bias
Questions to Reflect On
- How do you differentiate hype from fundamentals?
- When should you trust contrarian signals?
A Different Perspective
Momentum can amplify errors and lead to bubbles.
