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sayem314.bsky.social
74y3m
@sayem314.bsky.social
Yes, they live with me.
December 27, 2024 at 6:26 PM
So next time you're tempted to chase a hot stock, remember Newton. The guy who figured out gravity still couldn't escape the pull of the market's madness.
December 21, 2024 at 8:01 AM
Moral of the story? Even geniuses can fall for the hype. Speculative bubbles are no joke, and FOMO will get you every time.
December 21, 2024 at 8:01 AM
Afterward, he was so bitter about it that he refused to talk about the stock market ever again. He even said, "I was like a man who had picked up a toy on the seashore only to have a whale come and swallow him up".
December 21, 2024 at 8:01 AM
The bubble burst. The stock crashed. Hard. Newton lost around £20,000, which is like losing millions today.
December 21, 2024 at 8:01 AM
Big mistake.
December 21, 2024 at 8:00 AM
But then, the FOMO kicked in. You know how it is, you sell too early, and the stock keeps going up. Newton couldn't resist. He bought back in, but this time, at a much higher price.
December 21, 2024 at 8:00 AM
And he was right! The stock kept climbing after he sold, but he stayed out. For a while.
December 21, 2024 at 8:00 AM
But then, something felt off. The stock was rising way too fast. Newton, being the rational thinker he was, decided to sell his shares. He reportedly said, "I can calculate the motions of the heavenly bodies, but not the madness of people".
December 21, 2024 at 8:00 AM
Newton, being a smart guy, decided to get in on the action. He bought some shares and watched them skyrocket. Like, really skyrocket. He made a killing.
December 21, 2024 at 8:00 AM
In the early 1700s, there was this company called the South Sea Company. They had a sweet deal: a monopoly on trade with South America. People went nuts for their stock. It was like the GameStop of its day, but way bigger.
December 21, 2024 at 8:00 AM