…benefit as a bond bear market drives investors back into equities.” Oberweis says that because of human psychology, investors tend to vastly under or overestimate risk. “In extreme situations we…
Search Results for: psychology OR behavior
Fisher: The PSR Pioneer
…500 has gained just 6.9% (1.0% annualized). That makes it one of my most successful long-term strategies. Price-to-Sales and “The Glitch” Fisher is a student of investor psychology, and his…
Getting Contrarian with the Dreman Strategy
…other investors would touch? Well, Dreman, perhaps more than any other guru I follow, is a student of investor psychology. And at the core of his research is the belief…
Paulsen: Secular Bull May Be Coming -- if Inflation Held in Check
…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,…
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,…