Think Twice: How People Are Fooled by Irrelevant Data [View article]
Let me see if I have this straight. We know now after the crash of 2008 and rebound of 2009 that the market is 90% psychology (of a madman I might add.) but I can make money by being coldly logical while all others are losing their head.
Another way of looking at this is, when all the elephants are trying to get through the door, I should logically stand in their way because I, as a cool and calm investor, have superior knowledge and should hold on. How many investor lost last year with that attitude??? Personally, When the elephants started to run, I did too and am happy to report I survived to fight another day.
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Let me see if I have this straight. We know now after the crash of 2008 and rebound of 2009 that the market is 90% psychology (of a madman I might add.) but I can make money by being coldly logical while all others are losing their head.
Oct 18 10:27 am
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All Comments by F. Bradeen »Think Twice: How People Are Fooled by Irrelevant Data [View article]
Another way of looking at this is, when all the elephants are trying to get through the door, I should logically stand in their way because I, as a cool and calm investor, have superior knowledge and should hold on. How many investor lost last year with that attitude??? Personally, When the elephants started to run, I did too and am happy to report I survived to fight another day.