Behavioral Finance

238 Posts

Weekend Reads for Investors: Greece, Currencies, and Earnings

Weekend Reads for Investors: Greece, Currencies, and Earnings

It’s been an eventful week for most investors, if not a profitable one. In Greece, the leftist Syriza party, which pledged to end austerity, won national elections, and Greek stocks responded by falling 15% over the next three days. Greece’s bailout program expires at the end of February, and their anti-austerity stance and ongoing need for cash sets the stage for a showdown with the so-called “Troika” of the European Union, the European Central Bank (ECB), and the International Monetary Fund (IMF). Expect plenty of political posturing in the coming weeks. Read more

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Weekend Reads for Investors: Market Forecasts, the Wall of Worry, and Oil

Weekend Reads

Fund managers are generally an optimistic lot, especially in the midst of a bull market, but even more so at the start of each new year. The turning of the calendar has become a popular occasion for introspection, an appraisal of what might have gone wrong—a lot for active managers in 2014—and, unfortunately, predictions. The ubiquitous “Top Ten” lists, while generally entertaining, are as much marketing pitches as they are serious reading. Below are some other stories that caught my eye in recent weeks. Read more

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