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Gold/Mining/Energy : Gold Price Monitor
GDXJ 121.29-7.0%4:00 PM EST

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To: Eashoa' M'sheekha who wrote (18132)9/26/1999 8:58:00 AM
From: long-gone  Read Replies (2) of 116972
 
Bull market vs. bull
Investors more than lucky clever and rational minds don't rule Wall Street, group contends
By Al Lewis
Denver Rocky Mountain News Staff Writer

(prize quote - author speaking of AMZN)
Cognitive illusions
Investment decisions are colored not only by emotions but by what Thaler calls cognitive illusions.
He asks his students to imagine a 2-mile-long length of railroad track attached to the ground at both ends. He then asks if the track gets hot and expands by one inch, how high will the track bow at its center?(cont)
insidedenver.com
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