STE's Stocks Investing Journey

Animal Spirits and Stock Investing

STE
Publish date: Sat, 22 Oct 2016, 09:35 PM
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"The stock market is a device for transferring money from the impatient to the patient " by Warren Buffet.
John M Keynes may be famous for his metaphors of using " Beauty Contest " to explain and describe the investors' perception which caused the price fluctuation in stock market and " Musical Chair " of how investors speculate in the market. You may find these two interesting metaphors here ( Keynes on Beauty Contest ) and here ( Keynes on Musical Chair ) if you have never heard
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