In the photograph here, I have draped a live python around my neck at the night safari at Singapore. The fact that I am alive means that nothing happened to me – I did not lose life. Does it mean I did not take any risk at all?
Same thing happens with investments.
One tends to get confident when nothing untoward happens to the investments even when one has taken risks. this confidence soon turns into overconfidence. This overconfidence in one’s abilities leads to the search for even more risks. One tends to start looking at something that nobody is looking at – the adventurous in us want to seize this opportunity. And we leave the shores and dive into the deep seas.
#RidingTheRollerCoaster – 163