SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 170.90-1.3%Nov 7 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Wyätt Gwyön who wrote (116142)3/28/2002 1:15:00 PM
From: carranza2  Read Replies (2) of 152472
 
given the choice between a risk asset and a risk-free asset offering the same return, obviously i would choose the risk-free asset. if the market comes around to this perception (i.e., my opinion), then i believe the direction for the US market is down

The market will never come around to your perception because there are too many investors who believe that it is not only sane but smart to plunk down at least a portion of their cash on investments which carry with them both substantial risk and the possibility of substantial returns.

Perhaps the better way to look at things is to look at the reasons why investors go through cycles of risk tolerance and risk aversion, i.e., the study of booms and busts. This is something that is out of my field. Soros does talk about it, though, and you might find his discussion about reflexivity interesting.

soros.org

In a nutshell, he says "Buy when the suckers panic, sell when they're euphoric." Not bad advice.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext