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Saturday, May 1, 2010

Mind Over Money | NOVA | PBS Video

Worth watching to further your understanding of markets.
Mind Over Money | NOVA | PBS Video

2 comments:

  1. As they say, in the short-run the market is a voting machine, in the long run a weighing machine. I think markets are mostly rational, but not 100% rational, and are prone to periods of mass hysteria in both directions, such as the dotcom and real estate bubbles, and the crashes of 1987 and the most recent financial crisis.

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  2. I agree. The only problem is that markets stay crazy for a long time and it is difficult to tell when it will come back to normality.

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