Great thoughts! I guess why most do bad investment decisions based on quick emotions, is because they are allowed to think about it too much. There's a remedy for that. As some smart yogi once said - "the secret to patience is doing something else in the meantime"
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Those are wise words. Would spare people a lot of nerve if we'd all just keep ourselves occupied with something else than waiting for a while.
True! You need to prepare and research a lot though. Then comes the waiting game where you need to stay patient