buy the rumor, sell the news
English
Proverb
buy
the
rumor
,
sell
the
news
(
business
,
stock market
)
One should
purchase
assets
based on
unconfirmed
speculation
or
anticipation
of
positive
developments
, then
sell
upon
official
confirmation
.
See also
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 fact
buy when it snows, sell when it goes
sell in May and go away
value investing