Thursday, April 14, 2005

Do Fundamentals or Emotions Drive the Stock Market? - - CFO.com

Do Fundamentals or Emotions Drive the Stock Market? - - CFO.com


WELL DONE! Markets are not perfect, but they sure are pretty good. A few highlights:

* "We agree that behavioral finance offers some valuable insights — chief among them the idea that markets are not always right, since rational investors can't always correct for mispricing by irrational ones. But.... significant deviations from

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