On Market Timing
Very often we hear and read comments on the necessity to engage in excessive or radical market timing. Some old truths : A) ‘‘The graveyards of stock market participants is full of market timers ‘.’ B) “Sell Rosh Hashanah buy Yom Kippur”
Rationality and equilibrium in the economy and in capital markets : From Theory to Practice.
The issues of rationality and the attainment of equilibrium (as well as its stability and uniqueness ) in the macro economy and in capital markets lie in the center of the most important theoretical debates. Great original theories stressed the rationality of economic agents and investors.
Year 2020 in Retrospect
2020 in retrospect ….It was a very difficult year ! Indeed, it was a very difficult year (to paraphrase the song) for mankind, personal lives, relations, business and the stock market. Some Lessons We experienced an extreme shock, not witnessed since 1918, in early spring as the virus started spreading and led business activity ro be seriously […]