The financial markets are the only place where you can be right and wrong at the same time.
This may sound counterintuitive, but it holds true if you think about the context of bearish and bullish people in events like the global interest rate hikes of 2022, the pandemic of 2020, the crisis of 2008, the dot-com bubble of 2000, etc. Both the bullish and bearish groups were right, depending on the time frame. Asset prices may have fallen in the short term but eventually reached ATH.
What matters is how much money you make when you are right, and how much you lose when you are wrong, and over what time frame? And what have you done to improve your finances and your family during that time.
There are many people who want to be right in the financial world, but you can be right and still lose money. Think about the people who predicted a market crash years from now during the pandemic, when the global economy was stagnant with high unemployment. All of that was true, but asset prices still rose.
Remember: Bulls đ make money, bears đ» make money, but pigs đ· get slaughtered.
