Rational Investors? Is There Such a Thing?
Friday, August 28, 2009
“Despite what theoreticians tell us, investing – particularly at the margin – is not the product of rational and objective analysis, but an emotional relative analysis – anxiety about the future. My colleague Bob Ferrell put it this way: ‘Emotions are simply stronger than reason; people do not change and people make markets!’”
- market maven Arthur Zeikel
1 Comment
Other Links to this Post
-
Along the Margin » Rational Investors ? is There Such a Thing? — Saturday, September 26, 2009 @ 1:03 am
RSS feed for comments on this post. TrackBack URI
Subscribe