Some people just don’t have a feel for when a asset is overpriced. They like the company or the CEO and like how much the stock has risen and they want a piece of that action. The thought that “I am to late and this is overpriced now” fails to happen for them.
Shoddy-Donut-9339 t1_j2d8oon wrote
Reply to Confused about tesla investors by Crazyphilll
Some people just don’t have a feel for when a asset is overpriced. They like the company or the CEO and like how much the stock has risen and they want a piece of that action. The thought that “I am to late and this is overpriced now” fails to happen for them.