Psych Out

I'm all about learning the psychology behind whatever it is I am up to.

I didn't understand what people were thinking shorting the financials in the teens. I didn't understand what they were thinking shorting ANYTHING that had gone down 50-80% or more. It didn't seem like there was much reward left and too much risk.

Now I get it. It's the same now except reversed. I'm comfortable buying stocks that have doubled and tripled off of their bottoms because I'm comfortable with the Value that's left in their equity.

Moral of the story: risk and reward are silly to quantify sometimes.