Monday, September 7, 2009
Whats obvious is obviously wrong.
Anthony Bolton says: "When I became optimistic about markets in the last quarter of 2008 and the first quarter of 2009, I received a huge amount of push-back from the audiences that I spoke to. Didnâ€™t I understand that the economic outlook was dire and possibly the worst for a generation, they asked me?" "One surprise about the stock market is that, often, it doesnâ€™t move in a rational or logical way. As a result, people who succeed in other walks of life through a logical approach to business are perplexed that they are unable to do as well in the stock market by using similar methods" Yep old AB went a bit too soon but then managed to get his second breath. This might be of interest to some of you. Sorry if you cant see the whole article.