Part 3/9:
The recent surge in Palantir's stock has led many retail investors to act more like gamblers than disciplined investors. Driven by fear of missing out (FOMO), they chase after skyrocketing prices without considering sound investment practices. This behavior is dangerous, particularly for those who have not cultivated a long-term investment strategy.
The Palantir expert cautions against impulsive decisions such as hasty buying or selling in response to the stock's performance. Instead, he emphasizes the importance of educating oneself and understanding the underlying principles of investing. Understanding the difference between disciplined investing and blind speculation is crucial, especially during times of euphoria.