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/

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