Trusting and relying solely on what management says to make an investment decision rather than doing 360-degree research…
Trusting and relying solely on what management says to make an investment decision rather than doing 360-degree research (surveying customers, studying competitors, speaking with suppliers, building your own forecasts) is not research. That is the classic definition of a cult. Many $Tesla(TSLA.US) investors are guilty of it.
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