Why Temperament Trumps Intelligence in Trading and Investing
You would expect that the world’s most intelligent business experts would also be the most successful investors, but that’s not the case. Here’s why.
You would expect that the world’s most intelligent business experts would also be the most successful investors, but that’s not the case. Here’s why.
The recent coronavirus crash led many investors to panic and pull money out of the market, but this is never a good idea. Market timing simply does not work.
Swing trading has made many a hedge fund manager a fortune – including the world’s most successful investor. But it can work for small investors too.
Stock market bears insist that the recent rally makes no sense. Most lack imagination or don’t understand how markets work – or both.
It can be hard to know when exactly to buy into a stock, but there’s a telltale sign – and reliable investment strategy – that rarely fails.
Over the past 10 years, a battle has been raging on Wall Street. But not between stock pickers… between humans and computers – quant trading systems.
The greatest investor in history isn’t who you would expect. And what led to his market-beating success wasn’t fundamentals – it was quantitative investing.
This economist’s flawed predictions serve as one of our favorite contrarian indicators. And they’re paying off yet again amid the coronavirus crisis.