RE: LeoThread 2025-12-07 01:20
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Most people wouldn't complain if a grocery store had a sale
They'd probably fill their cart with extra items, knowing they're getting more for their money
So why panic when the stock market has one?
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Because most people aren't rational.
#askleo give more examples of this
• Spending more on Black Friday deals, even if they don't need the items, just because prices are "low."
• Filling gas tanks or stocking up on essentials during perceived shortages, driven by fear rather than actual need.
• Buying lottery tickets in droves during big jackpots, ignoring the tiny odds, fueled by the thrill of potential windfall.
• Panic buying toilet paper or masks at the start of pandemics, despite no real shortage.
• Crowding into stores for "limited-time" offers on gadgets, often overpaying in hidden fees or impulse.