To follow what others say is to follow the crowd, and the crowd is always blind.
Different opinio not allowed
The so-called “agreeing with one another and opposing those with different opinions” means that once one’s opinions are different from one’s own, one will regard them as enemies. No matter whether different opinions are facts or not, don’t ask about right or wrong, it’s all about position.
Different opinions are not allowed to arise, or even just “I can do and you can’t”. There are two sets of standards, and things are set up according to people. On the same thing, you will be an angel of justice, and if others do it, others will be a monster.
Human nature has the tendency to form small circles, be conceited, exclude dissidents, and be unable to accommodate different opinions. If coupled with special factors (such as the differences between the two parties in the United States causing domestic divisions, Western countries are afraid of the rise of China and demonize everything about China, and The synergistic effect of the Boxer Rebellion caused by Taiwan’s anti-China ideology) will lead to the absurd phenomenon of people talking about gold, Zengzi killing people, and referring to deer as horses.
Once you have a preconceived mentality, you will lose the ability to distinguish right from wrong, leaving no room for discussion, and there will only be one voice or opinion on everything. The most terrifying thing is that it will create the atmosphere of McCarthyism in the United States in the last century, resulting in restricted freedom of speech and an anti-democratic totalitarian effect.
The result is that people are forced to be unable to think, unable to express different opinions, and hinder social progress──please note: all of this is subtle, silent, and people are not aware of it.
Official is always correct
Human nature has a natural tendency to pursue leaders and follow standards in order to gain inner security. This is why there must be government-run media around the world to publicize government decrees and facilitate government agencies in various countries.
The unwritten rules by which the corporate world operates are similar. Have investors ever thought about: Do you understand what are the main responsibilities of corporate spokespersons and public relations departments? Why do companies spend astronomical amounts of money on public relations every year? Once you figure it out, the answer to your question will come out.
Don’t believe 100% of the official statement. This is the first lesson as an investor.
Dance with the media
Every day, I use my mobile phone to read a lot of junk information, follow Internet celebrities, and click on so-called financial experts; I copy the news from the media and social networks, and regard the news that is popular as new knowledge. Treat gossip, unverified, unfounded, and unreasonable news as fact; and even regard yourself as a member of the accelerated transmission of rumors and news networks.
The connection between investment consultants, Internet celebrities, and so-called financial experts is obviously an investment trap, a rat club, membership-based direct sales, and other hype-specific topics, and is regarded as an opportunity for overnight wealth freedom or a complete turnaround.
In short, “Investors should choose media Wisely” is the first step to resist following the media.
Voluntarily brainwashed
Being brainwashed has nothing to do with academic qualifications or IQ. Most people in society have been brainwashed voluntarily without knowing it. Possible sources include: various advertisements, celebrity initiatives, government propaganda, social media, placement marketing, mobile phone text messages and instant messaging texts, Internet garbage, information packaged as knowledge, news, TV program, rumor, gossip, schem, charity fair, etc. promotional activities; even many school courses can be regarded as.
The point is that “most people do not think that these things are brainwashing. People are too confident in themselves and think that they are too smart to be brainwashed. This is the really scary thing. ”. Even refuting the examples I gave earlier, many of them are social justice and the power of kindness; then I can only wish you good luck.
“Investment knowledge required is breadth, not depth as most people think” Maybe you are incapable, because you are lazy, because you are unwilling to invest time to understand the ins and outs of things, and you allow yourself to be brainwashed without knowing it. It was a pleasure to be a leek, but even if everything was sold, I still paid for it.
But why are most people easily brainwashed? Because the human brain is inert and cannot accept “Negative message is part of investment“. Tea comes and you stretch out your hands, rice comes and you open your mouth, why not?
Keep in mind: “Thinking cannot be outsourced“.
Ignorant frog in the well
Not reading, not absorbing important and critical knowledge, not thinking; because there is not enough knowledge and ability to judge information, this is the main and fatal factor.
Most people are accustomed to being used by others, becoming other people’s pawns, leaving their destiny to be manipulated by others, and being at the mercy of others without realizing it. The main reason is that investors do not work hard enough, do not want to spend time to enrich their knowledge, do not read, and are lazy; they become a frog in the well, sitting in the well for a long time and looking at the sky, always thinking that they are the best in everything, and becoming a member of the ignorant masses.
Take Feng Jingdang as Ma Liang
Catching the wind and shadows, not asking for a clear explanation of everything, it is always about the same, as it should be, specious and inconsistent, judging before trying, always taking “Feng Jing as Ma Liang”; stubbornly insisting on his wrong views, even if he is clinging to his faults, he will not care.
The reason is actually very clear: it is nothing more than the authorities being obsessed with it. But why? Having shallow knowledge, lacking the ability to think independently, and not wanting to think – the result is that you are easily deceived and fooled. Thinking that everything that shines in the world is gold, using colored lead as gold bars, buying the beautifully packaged stocks of newly listed companies with heavy losses, convinced that this time is different, and spreading money down like a gambler. It is flat, but the more it spreads, the more flat it becomes.
Lemming phenomenon
The phenomenon of following the herd, believing that it is always right to follow the opinions of the majority, and that places with a large number of people are the safest, always go with the crowd, and fail to understand why “Investing is not voting“. We always hug each other to keep warm. We don’t know why we have to move with the crowd, but we are always dragged along by the crowd. We always comfort ourselves by telling ourselves: Everyone is doing this! That’s what everyone says!
The final outcome of the lemmings’ life is to fall into a mysterious cliff, or to be squeezed into the sea and drowned.
Dump on market crash
When the market crashed, I sold all my stocks and felt lucky that I was wise enough to escape quickly and reduce my losses. It is impossible to accept the truths of “Investors should be happy when market crash” and “Market volatility is investors’ friend“.
Forget what Buffett wrote in his 2004 shareholder letter: “Be fearful when others are greedy. Be greedy when others are fearful.”
Falling knife
When corporate stocks fall sharply, they always think it is a falling knife and do not consider that they may miss the opportunity to buy on dips. Don’t distinguish right from wrong, first sell out the stocks you hold. The reason is that most people buy individual stocks because of the good news reported by others. Seeing that the stock price keeps rising, they have no idea why they should buy and hold this stock.
Of course, the result is that when the stock price plummets, I have no ability to judge at all, and I don’t want to figure out why the stock price plummets. Is the stock price drop reasonable? Has the company’s long-term competitiveness changed? Why did you buy it in the first place?
Arrogant
Many investors always think they are smart, love to talk, show off their cleverness, and are self-righteous; they always think they have found the secret to martial arts in the stock market.
Just like most people in this world, they always believe that people with high IQs will always succeed in anything they do. In psychology, this is called the endowment effect. But stock market investment is not a science. There is no and cannot be a formula, let alone a law.
Just like an article I wrote two years ago: “Most investors’ problem is concept and psychology, not stock selection“
Worshiping celebrities
If you often care about, follow celebrities, and have such behavior, I advise you not to apply it to stock market investments. There has never been a celebrity effect in stock market investment. Most people in society believe in the celebrity effect. Human nature has the tendency to peek at others. It is best to avoid these in investment. As for digging into the market every day and exploring the famous and popular stocks, it is a guarantee that you will lose money.
Conclusion
To follow what others say is to follow the crowd, and the crowd is always blind. “Investing is not voting” In the stock market, the opinion of the majority is usually a counter-indicator.
There is only one fundamental reason – investors generally do not have the ability to think independently and do not know “Thinking cannot be outsourced“.
People are inert, icing on the cake, watermelon leaning on the big edge, playing up to those in power; don’t even want to pursue the truth, always think that the opinions of the majority must be correct, which gives opportunities to those who brainwash and manipulate.

Related articles
- “Follow the crowd, a behavior checklist“
- “Investing is not voting“
- “In the crowd, it’s impossible to think independently or keep sane“
- “Thinking cannot be outsourced“
- “The crowd tend to lose their judgment and get lost“
- “How difficult to be out of the ordinary“
- “In the crowd, it’s impossible to think independently or keep sane“
- “Investors should choose media Wisely“
- “Investment knowledge required is breadth, not depth as most people think“
- “Negative message is part of investment“
- “Investors should be happy when market crash“
- “Market volatility is investors’ friend“
- “Most investors’ problem is concept and psychology, not stock selection“
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