Returning to buy a stock you previously sold at lower prices is psychologically nearly impossible for most investors, with only a handful able to overcome the emotional pain despite it being rational opportunity.

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Speaker

Unidentified Speaker — Jeremy Grantham on why this market will fall by 50% but nob… [M-dnlf_8W5o]

Evidence Quote

the number of people who can buy it back at 12, you could number on the fingers of one hand

Source

Jeremy Grantham on why this market will fall by 50% but nobody will warn youBehind the Balance Sheet
Created: 8/12/2026, 5:57:13 PM

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