No matter what the business or _ 1 sport, good decisions require confidence. A trader in the stock market will not make good decisions if he has lost his confidence. A professional basketball player or football player doesn't perform as well if he'slost confidence in his ability. In recent history, there have been two good examples of how lack of confidence has destroyed some investments. In 2002 there was a sharp drop in the stock market, and hundreds of millions of dollars were pulled out of itas a result of the Enron and WorldCom collapse. As key executives from those firms were led away by FBI agents in handcuffs and were on the front pages of papers almost daily, the average investor lost confidence and took the attitude of "if this is theway this system works, get me out."
展开▼
