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Bob Farrell's 10 Market Rules to Remember
Posted by: Frank Voisin (IP Logged)
Date: May 8, 2012 12:32PM
Merrill Lynch’s legendary market strategist, Bob Farrell, penned the following market maxims worth a quick review (h/t The Big Picture):
Quote:What would you add to this list?
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Re Bob Farrell s 10 Mar ket Rules to Remem ber
Posted by: The Science of Hitting (IP Logged)
Date: May 8, 2012 08:31AM
Number two is a good one, only because it once again shows that the idea of efficient markets is a laughable concept that fails to incorporate human nature; I would recommend that investors listen to a speech that James Montier recently made at the CFA Institute annual conference entitled "The Fallacy of Finance" for some more detail on the disconnect between theory and reality in finance.
Thanks for the article Frank.
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