source avatarC. Kwok 💹❇️

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Although financial history keeps repeating itself, what truly repeats is not the events, but human nature. In every market cycle, the people who get burned are never the same. Each new generation of investors believes, “This time is different,” chasing bubbles in bull markets and panicking during sell-offs, ultimately retelling the same story as those before them. Every decade or two, history unfolds again in a different form.

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