Jeremy Siegel, the Wharton professor and author of Stocks for the Long Run, says that the painful losses investors endured in the recent bear market have not done anything to…
Category: Behavioral Finance
Bad Recession, 'Zippy' Recovery? History Says 'Yes'
While many are predicting that the depth of the economy’s troubles will mean a “slow-burn” or muted recovery, James Grant writes in The Wall Street Journal that he’s expecting something…
O'Shaughnessy: Asset Allocation Changes Coming at Terrible Time
With stocks struggling through a terrible bear market over the past two years, investors have taken huge sums of money out of stocks and poured money into bonds — a…
J. Zweig & Taleb on Where Investors Go Wrong
Consuelo Mack has two very interesting interviews on WealthTrack this week, talking investing and psychology with both Wall Street Journal columnist Jason Zweig and Black Swan author Nassim Taleb. Zweig,…
After Beating the Bear & the Bull, Top Newsletters Think "Big"
Of all the newsletters tracked by Hulbert Financial Digest, only 13 beat the market during both the bear market that started in 2007 and the bullish period that started this…
Shiller: The Recovery's in Our Minds, Not Our Metrics
Unemployment, GDP, manufacturing statistics — what’s the best way to tell that we’re headed into an economic recovery? According to Yale economist Robert Shiller, the answer might lie less in…
Beating the Timing Temptation
As Liz Ann Sonders notes in the posting below, a lot of investors are now wondering whether it’s too late to jump into the market, or, for those who have…
M.I.T. Hedge Fund Guru Shares His Secrets
In an interview with WealthTrack’s Consuelo Mack, hedge fund manager, author, and M.I.T. professor Andrew Lo says that the financial crisis has shown that a new type of diversification is…
Hulbert, the Crisis, and ... Poker Hands?
In his latest column for the New York Times, Mark Hulbert examines an interesting study on buy-and-hold investing. The study — “When Everyone Runs for the Exit,” by Lasse H.…
Behavior Finance Pioneer on Efficient Markets, Bubbles
Richard Thaler, the researcher whose work has brought such key behavioral finance issues as myopic loss aversion to light, says recent events have shown markets are not efficient, but that…