RE: Proximity.6 Dec 2022 10:48
I think there is also the element of disbelief - if something is too true to be good, then it probably is. We've most likely all experienced cancer affecting family and friends, if not ourselves personally, and we know how horrible the disease is and how horrible the treatment side effects are and how many die or go into remission and then relapse and die. A commonly prescribed drug that has those horrible side effects, yet can be delivered in such a way as to not only remove the side effects but also potentially destroy the cancer? Surely too good to be true? And unless one is well informed about the mode of action and the news relating to the trial one might indeed think that.
As someone (Robin Morgan) once said: "Knowledge is power. Information is power. The secreting or hoarding of knowledge or information may be an act of tyranny camouflaged as humility."
However, as someone else almost said: "You can lead an investor to knowledge but you can't make him think."
And, of course, there are a lot of traders, chartists and fickle investors who don't even care about the underlying business.