English Explanatory Dictionary

buy the rumor, sell the fact

English dictionary entry

Meanings

proverb
  1. One should purchase an asset based on positive speculation before an expected positive event, and then sell it once the event occurs for a profit, as the price often falls after the news breaks, because the anticipation has already elevated the asset price.

Word forms

buy the rumor, sell the fact

Related words

be fearful when others are greedy be greedy when others are fearful buy high, sell higher buy low, sell high buy the dip buy the rumor, sell the news buy when it snows, sell when it goes sell in May and go away value investing
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