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Haymaker

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Never, ever sell...?

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Haymaker
Jun 02, 2026
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Hello, Subscribers:

The mythic investor John Templeton famously observed that: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.”

Based on the following visual, unless his wisdom is no longer valid, you should question the prevailing Wall Street zeitgeist that investors only need to make one decision: to buy. Implicitly, there is also never a need to sell.

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