As an investor holding a winning position (like Tesla at +75%), it is psychologically difficult to sell even when valuations become extremely stretched, because realized gains and continued momentum create cognitive dissonance with bearish warnings
factualpending
Speaker
Jack ForandEvidence Quote
“it's so hard to like you just believe that it's going to keep going and going and going forever”
Source
Tesla, MicroStrategy and An Inside Look at the Biggest Options Expiration in Market History— Excess ReturnsCreated: 8/11/2026, 8:03:54 AM
My Notes
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