Jan. 16 at 9:36 PM
$ZETA
@RekkohT
It’s a contrarian indicator IMHO
They are too excited 😆 on X
The famous quote is, "Buy when there's blood in the streets, even if the blood is your own," often attributed to Baron Nathan Rothschild, a financier who profited from buying during market panics like after the Battle of Waterloo.
It's a maxim for contrarian investing, meaning you buy assets when prices are low and fear is high (when "blood is in the streets"), creating great buying opportunities, and sell when optimism is rampant.
Origin: The saying is linked to the Rothschild banking family, specifically Nathan Rothschild.
Meaning: It advises investors to go against the crowd; major downturns and panic signal excellent times to acquire undervalued assets, not to run away.
Fuller Version: The "even if the blood is your own" part emphasizes the extreme contrarian nature, suggesting you buy even when things look terrible for you personally.
