October 22, 2019
https://vimeo.com/367771387
A person has feelings, like happiness, sadness and regret.
The stock market isn’t a person.
It’s tens of millions of investors all over the world buyingand selling stocks every day.
Pundits like to confuse people with the market.
They ascribe feelings to the market like “the market iscomfortable with the state of the economy.”
Markets aren’t “comfortable” with anything.
Whenever you hear a pundit describe the market like it’s aperson, reject whatever they are saying.
They are just making this stuff up.
If they don’t know the difference between the market and aperson, how can you rely on them for investment advice?