πππIn 2020 Top Glove
$Top Glove(BVA.SI)$ looked like a winning stock. The world was in the grip of Covid19, the demand for rubber gloves was exploding and Top Glove's profits were soaring.
So I jumped on, not because I had done deep analysis. Not because I understood the long term risks but simply because I was afraid of being left behind.
That is FOMO, the Fear of Missing Out.
At first, it felt that I made the right call. The stock kept climbing but then came the cracks. Demand normalised, labour controversies surfaced and the market turned. The price kept falling and falling.
Looking back I realised I wasn't investing. I was reacting. I let the crowd excitement become my conviction. I confused momentum with safety.
Top Glove wasn't just a bad trade. It showed me how easily emotion can masquerade as insight. That is a lesson I carry with me into every investment decision now.
@Tiger_comments @TigerStars @Tiger_SG @CaptainTiger
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