quote of the moment
"numerous studies of investor behavior (the field is called behavioral
finance) show that once an investor has a position in a stock, there are
tremendous biases to seek confirming information, ignore disconfirming
[sic] information, and not admit a mistake."
finance) show that once an investor has a position in a stock, there are
tremendous biases to seek confirming information, ignore disconfirming
[sic] information, and not admit a mistake."
-- T2 partners white sheet
{describing, very clearly, personal bias; and very specifically the
problem i have with people who bury themselves in politics.}
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