It just means that over-thinking things can result in poor decisions. First instincts are usually correct. This is proven for example in academics with test taking...
It's an expression used in the financial markets. Long means you bought the market looking for it to rise. if the conditions are overwhelming bearish then you are thinking wrong. A bearish trader may say to a bullish trader, "Think Long, Think Wrong".
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To me it means:
Taking too much time to evaluate a situation can lead to "procrastination"/ "Confussion".... which in turn can lead to the "wrong dissection".
Thinking too long....things are not clear as they were in the beginning.
I have found when I "don't know what to do" is... "I sleep on it" and the answer always comes "Fresh to me the Next Day".
It just means that over-thinking things can result in poor decisions. First instincts are usually correct. This is proven for example in academics with test taking...
It's an expression used in the financial markets. Long means you bought the market looking for it to rise. if the conditions are overwhelming bearish then you are thinking wrong. A bearish trader may say to a bullish trader, "Think Long, Think Wrong".
Another way to say it is "first impressions are usually correct". Think too long about a problem and you out think yourself.