This is a very interesting article by Jared Dillian on Mauldin Economics site. It is mainly talking about the fact that if you believe that a trade will make you virtuous, you will be more willing to accept losses.
The other interesting thing in this article is about people being angry. He says:
"One thing I have noticed about the stock market… I have never made money on an angry trade. And you see this a lot—there are a lot of angry people in the stock market. Angry longs and angry shorts. These people never make money, and if they do, it is transitory. Only relaxed, confident, happy people make money in the stock market."
On my other blog I wrote yesterday about Boralex Inc (TSX-BLX, OTC- BRLXF) ... learn more. Next, I will write about High Liner Foods (TSX-HLF, OTC-HLNFF) ... learn more on Friday, September 1, 2023 around 5 pm.
This blog is meant for educational purposes only and is not to provide investment advice. Before making any investment decision, you should always do your own research or consult an investment professional. I do research for my own edification and I am willing to share. I write what I think and I may or may not be correct.
See my site for an index to these blog entries and for stocks followed. I have three blogs. The first talks only about specific stocks and is called Investment Talk. The second one contains information on mostly investing and is called Investing Economics Mostly. My last blog is for my book reviews and it is called Non-Fiction Mostly. Follow me on Twitter. I am on Instagram. Or you can just Google #walktoronto spbrunner8166 to see my pictures.
No comments:
Post a Comment