e-Commerce the Next 100 Months...... Message Board

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Strategies & Market Trends : e-Commerce the Next 100 Months......

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To: AugustWest who wrote (1003)	5/20/1998 1:24:00 PM
From: cm	Read Replies (1) of 2882

<<OT: Quiet Is Good... Incidentally, in today's NYT there's a wonderful little bit about some research that I believe was done at Cornell University. The research found that one group of investors armed with only ONE little (and not, in any way, predictive) factoid about a stock were JUST AS AGGRESSIVE AND DEAD CERTAIN of their trades as those armed with three more relevant factoids. The researchers (see this under DUHHHH) were somewhat disturbed by their findings, hoping that investors might be a little more cautious based on less information. (Heck, anyone who's ever driven Houston freeways will appreciate just how aggressive people can be based on NO INFORMATION) Their little study then when on to discover (see under DOUBLE DUHHHH) that once the one little factoid was shown to be a poor predictor of future performance that the relatively uninformed group grew disproportionately disillusioned and disappointed... (see under LET'S BALE THIS STOCK REALLY SUCKS, YA KNOW?) Now, back to the cookies... I mean... nap... Best Regards, c m

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