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Understanding The Investor Sentiment Cycle: Your Emotions Are Your Worst Enemy
Friday, April 28, 2023 - 2:24pm | 783Any historical chart of the Dow Jones Industrial Average demonstrates that the motion of the stock market is far from smooth. The gradual climb of the market over the past century comprises countless bull and bear markets' spikes and dips. The emotional roller coaster that the typical trader...
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Seth Klarman: Feel Good About Your Bull Market Returns...But Not Too Good
Tuesday, February 14, 2017 - 4:36pm | 480It has been almost exactly eight years since the S&P 500 bottomed in March 2009. Since that time, the SPDR S&P 500 ETF Trust (NYSE: SPY) is up 241 percent, and the average investor has made a killing. Lucky and skilled investors who have outperformed the market have done even better, many...