Investigating the history of emotions in the capital market in a conversation with a member of the board of directors of the National Association / Hasty sellers are losers

According to INPIA, Massoud Jamali, Chairman of the Export Commission and a member of the National Association of Polymer Industries of Iran, while reviewing the history of international and domestic events of the last two years and its impact on the capital market, said: The attacks on tankers in the Iraqi port of Fujairah and […]

According to INPIA, Massoud Jamali, Chairman of the Export Commission and a member of the National Association of Polymer Industries of Iran, while reviewing the history of international and domestic events of the last two years and its impact on the capital market, said: The attacks on tankers in the Iraqi port of Fujairah and the targeting of a US drone this year were all incidents that prompted some emotional vendors who either lacked knowledge or were in a hurry to take action. Have sales and behaviors similar to some behaviors in the capital market today; Of course, as mentioned, according to the existing history, these people regretted, because after selling their shares and after establishing stability in the market, they were forced to repurchase the same shares, but at a higher price and suffered. Explaining further trends, a member of the board of directors of the National Iranian Polymer Association noted: The day after the attack, just a week later, the stock rose about 4.3 percent. The same thing happened with the destruction of the American drone, and after a few days of easing market excitement, it grew sharply. Selling without financial backing is an action to stir up excitement Jamali emphasized: “Considering the type of recent threats, which were mostly about the country’s petrochemicals and refineries, but there is not much sales queue in refinery stocks, which indicates the existence of reasonable buyers in the market.” A member of the board of directors of the Iran-Kuwait Joint Chamber stated: “In these circumstances, there is a need to support large funds and investment companies more than before; It is true that buying and selling stocks is a personal matter, but we should not stir things up by selling stocks and creating long queues without financial support. Keep in mind that there were no emotional decisions in yesterday’s statement of the National Security Council, and the will of the government is on the economic development of the country. Patient buyers win “International investor Warren Buffett believes that his wealth was due to his patience in the capital market, and he usually wins emotional events such as yesterday’s event in the capital market, patient buyers and losers, rash sellers,” Jamali said. Smart shoppers shop at such times. He emphasized: “Reviewing the capital market during the events of the last few years, we find that the capital market is much safer than the foreign exchange market and even gold, and advised:” Investors should not take this risk at all, because the foreign exchange market risk and Gold is higher than maintaining the value of money in the capital market, and such a move would lead to a double loss./Capital Market News (Sena)