…of the stock market, Paulsen says it is likely that we’re early, not late, in the bull market. Investor psychology is bad, which is a positive for stocks, he says,…
Search Results for: psychology OR behavior
Fisher's Price/Sales Approach Still a Winner
…Fisher is a student of investor psychology, and his observations about investor behavior are what led to his PSR discovery. Often, he found, companies will have a period of strong…
Hulbert: Sentiment Remains Weak -- and that's Good
…the beginning of October, and even lower than where it was at the beginning of September. “Such behavior is not what is usually seen at major market tops, according to…
Stocks Still Win, Siegel Says
…he says. “The recent behavior of stock market prices sheds some light on a phenomenon which has long puzzled economists: Why do stocks over the long run yield so much…
Wien, Biggs, Leuthold, Sonders: Don't Dismiss the Rally
…a market which stubbornly refuses to correct its deviant behavior by more than a few percentage points it is trying to tell us something,” writes Simonoff. Leuthold, for example, says…
Bad Recession, 'Zippy' Recovery? History Says 'Yes'
…based on observations about human behavior. He quotes English economist Arthur C. Pigou in framing the issue: “The error of optimism dies in the crisis, but in dying it gives…
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,…
M.I.T. Hedge Fund Guru Shares His Secrets
…classes, he says, are commodities, currencies, Treasury Inflation-Protected Securities, and real estate. Lo, a major student of investor psychology, also notes that while the recent crisis was severe, the underlying…
Has Housing Bottomed? Shiller Weighs In
Yale economist and Case-Shiller housing price index co-founder Robert Shiller talks with Bloomberg News about the current housing market, and the impact of psychology and emotion on home purchases. He…
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…