Cursed By Momentum
Although most investors have no edge on the market there’s a proportion of them that persist in trading actively, the main effect of which is to enrich their brokers. There are various explanations of why this occurs, but it seems to come down to some combination of inherent overconfidence and a perverse refusal to take […]
The Zeitgeist Investor
PsyFi Search The Zeitgeist Investor The Zeitgeist Investor: A Psy-Fi Blog E-book The Zeitgeist Investor is a time-bending look at how behavioral bias and market cycles interact to cause investors to do strange things. Different times call for different approaches, but sometimes timeless approaches are the best. For the endnotes to the e-book go to: The […]