Headlines that scream about assets hitting X month highs/lows tend to be misleading because they fail to provide context – highs/lows relative to what trend?
Understanding that emotion is more important a driver of market prices than economic conditions gives traders an extremely valuable perspective.
Blood on the streets! Panic in the air! The best time to buy is when everyone is fearful after all, no? Understanding fear and FOMO in bull and bear markets.
Knowing More Things = Less Certainty, and learning is a process of removing certainty, not gaining it. It helps one appreciate just how little one knows.
Thought and knowledge are nothing more than a matter of perspective, subject to constant revision through the passage of time.