Buffett said, "Be fearful when others are greedy, be greedy when others are fearful."


Many people directly apply this, but actually, the main point of this statement is that the person saying it—Buffett—has access to the most cutting-edge information and unlimited bullets to add to his positions, giving him a certain margin of error.
So, how can we be sure that when we are greedy, others are actually fearful?
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