Friday, 9 November 2018

You’re Doing This Investing Thingie All Wrong

Five Reasons Why Stocks Have Fallen If the market’s recent dive led you to buy or sell, you’re doing this investing business wrong. Bloomberg, October 31, 2018     A few weeks ago, we discussed retrospective prescience — why everyone is so amazingly good at explaining what just happened. Apparently unaware of our own hindsight bias, we spin comforting narratives to…

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