The Money Game |
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Página 45
... crowd puts them in possession of a sort of collective mind which makes them feel , think , and act in a manner quite different from that in which each individual of them would feel , think , and act were he in a state of isolation .
... crowd puts them in possession of a sort of collective mind which makes them feel , think , and act in a manner quite different from that in which each individual of them would feel , think , and act were he in a state of isolation .
Página 66
But he didn't feel very good about it . If the stock went up , he should have bought more , so he was stupid there , and if it went down , that proved he was stupid there . Some people go to all the trouble of actually losing the money ...
But he didn't feel very good about it . If the stock went up , he should have bought more , so he was stupid there , and if it went down , that proved he was stupid there . Some people go to all the trouble of actually losing the money ...
Página 155
As for the analysts , they will feel the random walk is irrelevant because their insights and information put them ahead . None of them will really follow the mathematical proofs of randomness . If they did , and believed them ...
As for the analysts , they will feel the random walk is irrelevant because their insights and information put them ahead . None of them will really follow the mathematical proofs of randomness . If they did , and believed them ...
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Contenido
2 Mister Johnsons Reading List | 15 |
3 Can Ink Blots Tell You Whether You Are | 33 |
4 Is the Market Really a Crowd? | 43 |
Derechos de autor | |
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Adam Smith adding machine Airlines Albert says anyway asked bank bear market believe better bought broker called capital cents Charley says chart Chartists cocoa Comsat couple crowd Digital Datawhack earnings emotional feel fifty fund managers Game Ghana Gnome of Zurich goes going gold growth gunslingers happened Harry's hedge fund hundred idea intrinsic value investment investors Irwin Keynes look lunch Marvin mass psychology million dollars Mister Johnson Motorola move never Norman Brown ounces paper percent play players Polaroid Poor Grenville portfolio manager problems professional profits psychiatrist random walk Robert Scarsdale security analysts sell Sidney silver sold Solitron speculators stock market talk tape tell thing thousand tion trading Treasury trying Uncle Harry Wall Street Winfield Xerox York York Stock Exchange Zilch