Odd As It May Seem,

The Brain Scientists Are The Wave Of The Future In The Financial World. If You Seek To Maximize Understanding, Whether You're In Academia Or In The Investment Community, You'd Better Pay Serious Attention To Them.

Question: So Investors Shouldn't Delude Themselves About Beating The Market? Answer: "they're Just Not Going To Do It. It's Just Not Going To Happen."

One Thing We Have Lost, That We Had In The Past, Is A Sense Of Progress, That Things Are Getting Better. There Is A Sense Of Volatility, But Not Of Progress.

The Psychologist, Paul Rozin, An Expert On Disgust, Observed That A Single Cockroach Will Completely Wreck The Appeal Of A Bowl Of Cherries, But A Cherry Will Do Nothing At All For A Bowl Of Cockroaches.

I Would Be Wary Of Experts' Intuition, Except When They Deal With Something That They Have Dealt With A Lot In The Past.