Hidden gems
Hello. After years of sacrifices, we are finally in a position to start investing modest amounts into the Stock Market. We started two months ago and are up by 30%, so even if it is not changing our life, we are happy.
Due to misconceptions and myths, probably fueled by too many idealized fiction tv shows and novels, we have this ambition of finding a hidden gem, a stock that nobody knows about that will make us rich overnight. But recent developments in the Stock Market (Gamestop) made us wonder whether those secret stocks actually exist. If you find a good stock, you will probably want to spread the word and try to get as many investors as possible to buy so that the price rises, right? Is there any situation where you would rather keep quiet and benefit from it?
Due to misconceptions and myths, probably fueled by too many idealized fiction tv shows and novels, we have this ambition of finding a hidden gem, a stock that nobody knows about that will make us rich overnight. But recent developments in the Stock Market (Gamestop) made us wonder whether those secret stocks actually exist. If you find a good stock, you will probably want to spread the word and try to get as many investors as possible to buy so that the price rises, right? Is there any situation where you would rather keep quiet and benefit from it?