Neutral impactEconomy
Quote of the day by Fred C. Kelly: "Vanity makes men sell good stocks and keep poor ones in times of distress. They don’t mind disposing of gilt-edged stocks which show a profit — the very ones which might finally make up the losses on others"
Economic Times 1 hr ago·18 Sept 2026, 10:20 am
This quote highlights a common behavioral pitfall in investing: the tendency to sell winning, high-quality stocks during market turbulence while holding onto losing ones. This often happens because investors are driven by fear of further losses or regret over past decisions, rather than focusing on the underlying value of the assets.
For investors, this mistake can be costly. Selling a strong performer locks in a profit, while holding a weak one allows losses to compound. This imbalance can hurt overall portfolio returns and increase volatility.
Moving forward, investors should focus on fundamentals and asset quality rather than price fluctuations. Regularly reassessing the portfolio to ensure it aligns with long-term goals is crucial for navigating market stress effectively.
Key takeaways
- Category: Economy.
Why it matters
A routine update. Use the price and stock snapshot to gauge how the market is responding.
