Thursday, October 30, 2008
Behavioral Finance at JPMorgan
Behavioral finance is the study of how investors make decisions—and how these decisions affect stock prices and broad market movements. Investors are human, and humans aren’t perfectly rational. When they buy on emotion, they not only jeopardize their own investment plans, but also create opportunities for others in the market.
Behavioral finance is the study of how investors make decisions—and how these decisions affect stock prices and broad market movements. Investors are human, and humans aren’t perfectly rational. When they buy on emotion, they not only jeopardize their own investment plans, but also create opportunities for others in the market.
Monday, October 27, 2008
I am reminded to live in a balance. If one works hard, he should have enough sleep and should have more intake of food. We can push our bodies to work harder but what we cannot do is to keep pushing it. If we keep pushing it , one day it will reach its limit and by that time, everything is too late.