Be very cautious when you assume the enthusiasm of other investors will drive the price of a stock higher.
Daniel Kahneman is a psychologist who won the 2002 Nobel Prize in economics. An interesting combination. How could that happen? Perhaps the stock market is psychotic. It is more likely that the people who invest there are not completely rational. We can and should… Continue Reading “Manage Expectations”
When I was in high school, I listened to baseball on the radio. Joe Chrysdale and Hal Kelly on AM 580, CKEY told the story of the Toronto Maple Leafs baseball team. Sparky Anderson played there in the early ‘60’s. Who could forget Rocky… Continue Reading “Are You Listening To The Signal Or The Static?”