Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.
Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.
You don't want too much fear in a market, because people will be blinded to some very good buying opportunities. You don't want too much complacency because people will be blinded to some risk.
One thing on psychology, which we've always known, is that every investor says they're long-term - and they are until the market takes a hit.
The stock market is people.
You can't manage Wall Street. Wall Street has its own viewpoints on everything. I have always believed, if you manage your business correctly, Wall Street will take care of itself.
I believe that the market is slowly waking up to the fact that the Federal Reserve is a clueless organization. They have no idea what they're doing. And so the confidence level of investors is diminishing, in my view.
History demonstrates that participants in financial markets are susceptible to waves of optimism. Excessive optimism shows the seeds of its own reversal in the form of imbalances that tend to grow over time.
Volatility may be rising simply because investors must digest more information every day.
Markets are frequently ahead of, and often out of sync with, the economy.
Tech stocks are trading at a 30-year-low when compared to the multiples of industrials (companies). It's the weirdest bubble when everyone hates everything.
Rising interest rates are considered bad for stocks because they raise the cost of doing business and depress corporate earnings and because higher yields make bonds relatively more attractive than stocks to investors.
In rising financial markets, the world is forever new. The bull or optimist has no eyes for past or present, but only for the future, where streams of revenue play in his imagination.
Investors don't like uncertainty. The market is telling us that they need certainty, they need to see where the economy is heading. If the government is committed to continue the Open Door policy, they will need to come up with concrete policies and execution steps to increase confidence.
On the upswing of an economic cycle, workers, consumers, savers, investors, and entrepreneurs imagine a future that is brighter than the past. On the downswing, they imagine a future dimmer than the past.
When most investors, including the pros, all agree on something, they're usually wrong.
I've explained before the power psychology has on the markets.
Facebook stock continues to plummet. People started selling once they found out their mom bought it too.
Remember that the stock market is manic-depressive.
There is a significant momentum behind the social Internet. A wide range of public investors were very enthusiastic about that.
The only thing that I know for sure is that the people who invest in the U.K., those investors, believe strongly that the ramifications of a hard Brexit are very bad, and they believe that a recession will take place in the U.K., and that would clearly be negative for banks of the U.K.
Fundamentally cheap stocks are often held in low regard by market participants. Something may be tainting their perception in investors' minds.
History tells us that sharp reversals in confidence occur abruptly.
Investors feel very comfortable working in Georgia
I think the tech stock, the public market is still completely traumatized by the dotcom crash. I think the investors and reporters and analysts and everybody is determined to not get taken advantage of again, and that is what everybody who lived through 2000, what they kind of remember.
