The Psychology of Money - An Investment Manager\'s Guide to Beating the Market

226 THE INTUITIVE INVESTOR of a serious-minded physicist, the kind whose pocket protector says, “Nobel Prize or Bust.” As remedi ...

nizes that interaction is critical to the understanding of physical reality. “Material objects are not distinct entities, but ar ...

228 THE INTUITIVE INVESTOR equipment, that allowed scientists to discover the shortcomings of Newton’s laws when applied to this ...

vesting is an art, not a science, as the saying goes. At that moment, Phil Fortuna, director of quantitative research at Scudder ...

230 THE INTUITIVE INVESTOR This paradox is a little like saying that a certain person is not tall, nor of average height, nor sh ...

231 CHAPTER 27 Waves and/or Particles Don’t believe for one second that atoms are made up of only stuff like protons and neutron ...

232 THE INTUITIVE INVESTOR lasers). Similarly, in Vaga’s view, the stock market can exist in different states—random and efficie ...

ing about in fits and starts as frenzied investors exaggerate the significance of tiny bits of information. In such a state, the ...

234 THE INTUITIVE INVESTOR that of social imitation. Specifically, both books suggest that mod- ern physicists are coming to the ...

235 CHAPTER 28 The Case for Intuition The power of intuitive understanding will protect you from harm until the end of your days ...

236 THE INTUITIVE INVESTOR on those islands began using the washing technique at exactly the same time. To explain this bizarre ...

from mass meditation have boosted the stock market.” The writer of the article, knowing that WSJ readers are a hard-boiled bunch ...

238 THE INTUITIVE INVESTOR The competitive edge to be gained from honing intuitive skills could be substantial. Consider this ac ...

Imagine the possibility of portfolio managers picking 10-bag- gers by using intuition alone. (And think of the reduction in over ...

240 THE INTUITIVE INVESTOR cists have already postulated that the ultimate physical reality is an interconnectedness of all phen ...

241 CHAPTER 29 Operating on All Cylinders I believe intuition is the sum total of all the stimuli that traders receive in an ins ...

242 THE INTUITIVE INVESTOR by definition, is the knowing of something directly, without under- standing why. Lions dismiss this ...

The point is obvious. In financial circles the intellect rules. That is our belief system. Wall Street is full of brilliant anal ...

244 THE INTUITIVE INVESTOR degree of expertise occurs when a person’s experience and knowl- edge allows him to move beyond intel ...

[S]ome days I’ll keep trying to buy the market. I’ll be trading in and out from the long side. In other words, I keep looking to ...