“The investment business has taught me – increasingly as the years have passed – that people, especially investors (and, I believe, Americans), prefer good news and wishful thinking to bad news; and that there are always vested interests to offer facile, optimistic alternatives to the bad news.” PeopleThinkingYearsBelieveI BelieveInterestTaughtOffersNewsInvestmentOptimisticAlternativesInvestorsGood NewsBad NewsWishful ThinkingVested Interests Author:Jeremy Grantham
“When it appears as though the governors of the Federal Reserve believe that the end of the rate increases is near, that's very good news for investors. A lack of ambiguity from the Federal Reserve is always a little bit of a shocker.” BelieveLittlesEndsBitsLittle BitNewsIncreaseRateVery GoodInvestorsGovernorsReservesGood NewsAmbiguityFederal Reserve Author:Hugh S. Johnson
“I mean, these good folks are revolutionizing how businesses conduct their business. And, like them, I am very optimistic about our position in the world and about its influence on the United States. We're concerned about the short-term economic news, but long-term I'm optimistic. And so, I hope investors, you know - secondly, I hope investors hold investments for periods of time - that I've always found the best investments are those that you salt away based on economics.” KnowsWorldMeanLongStatesHumorPoliticalFoundTermUnitedUnited StatesInfluenceEconomicPositionPeriodsNewsConcernedEconomicsInvestmentFolksOptimisticLong TermInvestorsSaltShort TermPolitical HumorBest Investment Author:George W. Bush
“The good news is that economists are intelligent, engaging and often charming folks. The bad news is their work is often of little use to investors.” LittlesUseNewsIntelligentFolksInvestorsCharmingEconomistEngagingGood NewsBad News Author:Barry Ritholtz
“Seeds not planted or tended by choice tend to be weeds, so at least for me, it's very helpful to consciously and periodically choose which seeds I want to water, and to think through what I expect to happen from that watering. Investors can spend a lot of time and energy reacting to the latest bits of news and trying to predict the next surprise, rather than choosing a consistent set of daily actions that they can carry out as things develop, regardless of how they develop.” ThinkingWantTryingHappensActionChoicesNextEnergyBitsWaterNewsSurpriseSeedsConsistentHelpfulWeedInvestorsReactingTime And Energy Author:John Houseman
“Turbulence is a condition that we all experience during a flight when the plane is bouncing around by competing air currents. By analogy, the economy may bounce around a lot because of competing currents of public moods and investments. One week everyone might be optimistic and then suddenly something happens to turn everyone into pessimists. Investment dries up and investors become risk averse. A sudden piece of good news then turns around the public mood.” MayMightHappensTurnsEconomyPiecesRiskAirWeekConditionsNewsInvestmentCurrentsMoodThings HappenFlightOptimisticPlanesInvestorsCompetingGood NewsPessimistAnalogiesBounceBeing OptimisticTurbulence Author:Philip Kotler