Investment, Wall Street
b.classList.remove('active')); this.classList.add('active');">English b.classList.remove('active')); this.classList.add('active');">한국어 This time is never different. - Wall Street T he phrase "This time is never different" serves as a direct rebuttal to the dangerous rationalization, "This time it's different." During a massive bull market, investors often justify sky-high valuations by arguing that a new technology, a new economic policy, or a new era has structurally changed the rules of the game. Conversely, during a severe bear market, people panic and assume the financial system is broken beyond repair. This adage reminds investors of a few timeless truths: Psychology Drives the Market Technologies and economic environments change, but human behavior does not. The underlying drivers of market cycles—greed during peaks an...
