Buying and selling stocks should be two sides of the same investment coin: You buy when there is potential for gain and you sell when that potential no longer exists. If you really know why you buy something, you should know when it’s time to sell. But it’s not so simple, is it? Selling carries […]
Endowment Effect
The Mistakes We Make
The best definition of the stock market I know of is from Ray DeVoe, a market commentator with Spencer Trask in the 1970s and subsequently other firms, who said, “The stock market is only indirectly related to economics. It is a function of human fear, greed, and apprehension all overlaid on a business cycle.” We […]
