Is the glass half empty, half full, or twice as large as it needs to be? ~Author Unknown Update: Thanks to Christina at Northern Cheapskate for including this article in the Best of Money Carnival #77. Thanks also to Arohan at Personal Dividends for including this article in the Carnival of Wealth #12. A couple…
“. . . the real conundrum in modern markets is the continued reliance of investors and policymakers on two false mantras. The first is that markets are efficient; and the second is that investors are rational. Both assertions are so specious that one has to question both the sanity or the intelligence of those who…
