
'For me to win, everyone else must lose'. That's the way the game of musical chairs is played. There's only one winner. So, everyone must stay in the game as long as possible, even though they know that losing is overwhelmingly likely to be the outcome. However, equity investing is not like that, unless you choose to make it so. How? A wise person once said that there's nothing more irritating than watching your neighbours get rich. In that sentence, replace 'neighbours' with 'other investors' and you will identify the main problem that so many equity investors have right now. They fear that the markets are overheated and ripe for a fall. They feel it in their bones that they should sell and cash out. If they truly feel that, they shoul






