I had a stubborn belief that Top Glove was essential. Pandemic or not, rubber gloves were a necessity.
I ignored the signs: Oversupply, collapsing selling prices & the labour investigations.
I misread the news : Earnings miss? Temporary. Downgrade? Overreaction. I filtered reality through my conviction.
I held on and told myself that it will bounce. It was a glove giant. But it didn't. It kept bleeding.
I did not just lose money. I lost clarity. My belief became a blindfold. That is the danger of cognitive rigidity : I stop seeing the hard reality.
Top Glove taught me that conviction without flexibility is a trap, that even defensive stocks can become dangerous.
It humbled me and taught me to challenge my beliefs, to respect price action and to listen to the market. That pain became wisdom. It makes me a better investor.
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- 1PCΒ·11-07TOPNice Sharing π it's a hard and painful lesson π. But u will be a Better investor from this lesson πͺ @JC888 @Barcode @Sherniceθ»ε¬£ 2000 @Shyon @Aqa @DiAngel2Report
- HengHuatΒ·11-07TOPthe glove cannot hold their poor performance1Report
- Star9811Β·11-07TOPSad for you and me2Report
- BK99Β·12-02TOPTop Glove is a beast1Report