Fear and Greed are Undefeated

One of the funnier conceits of the modern investing era, in which a third of the stock market’s assets are held in passive or index funds, is that the market may become too efficient and, as such, would eliminate all opportunity for people doing fundamental research.
I can safely report that we’re in no danger of this, my friends.
Even though machines, software and rules-based investment vehicles currently dom…
Source: http://thereformedbroker.com/2018/03/07/fear-and-greed-are-undefeated/


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s