Human beings are a messy living compilation of a multitude of cognitive and behavioral biases, especially when it comes to matters related to money. The auction-driven nature of the stock market, which is a heady cocktail of swirling human emotions and sentiments, makes it the perfect place to look for pockets of periodic irrational behavior, which is sometimes extreme to the point of being ludicrous. Greed and fear are always present in abundance in the market, and the most recent marginal opinion, not long-term intrinsic value, determines the present stock price. This sets a perfect stage
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