Stock promoters attract gullible believers

While market cycles, valuations and careful discipline drive financial results over time, stock promoters and soothsayers promising to pick ‘winners’ attract gullible followers the world over. ‘Twas ever thus. This example from China is classic human behavior.

Li Daxiao has become one of China’s most popular stock prognosticators, through the colorful tips and videos he distributes on social media. Here is a direct video link.

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