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Episode #95: The Science vs. the Art of Investing.
Manage episode 434072943 series 3217236
In the episode, Russ explains why the stock market is 50% science and 50% art. Everyone seems to want to use logic and mathematical formulas to control (or solve) the stock market. What they don’t realize is that there are millions of individuals all playing in the same place at the same time with different ages, objectives, risk tolerances, etc.. Add in their emotions (of fear and greed) and you quickly realize you can’t reduce the stock market to a predictable outcome or a mathematical formula.
Don’t Forget to subscribe to the show!
100 episodes
Manage episode 434072943 series 3217236
In the episode, Russ explains why the stock market is 50% science and 50% art. Everyone seems to want to use logic and mathematical formulas to control (or solve) the stock market. What they don’t realize is that there are millions of individuals all playing in the same place at the same time with different ages, objectives, risk tolerances, etc.. Add in their emotions (of fear and greed) and you quickly realize you can’t reduce the stock market to a predictable outcome or a mathematical formula.
Don’t Forget to subscribe to the show!
100 episodes
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