Greed and fear are both good and healthy for an investor and capital markets as a whole. Emotions are like fire, beneficial if controlled, destructive if wild.

Greed and fear are in our DNA. We can’t get rid of them, but we can learn how to keep them in check.

Investors need to keep their emotions in check for a successful investment career. It is the most important requirement. It’s even more critical than having access to capital and markets.

Acquiring knowledge is the best defense against our emotions.

Traders and investors are humans, full of emotions, behavior biases, and good and bad past experiences. We don’t have much control over psychological shortcomings, and we routinely make decisions contaminated with our emotions and biases.

A Collectible’s value is primarily based on the emotions and the perception of potential buyers.

Economic conditions may differ from period to period, but human psychology is embedded among us and will not change.