FYI: Earlier this week I wrote about the attributes successful investors share but I forgot one — a deep understanding of financial market history. This history proves to be more of a guide to human psychology than a road map for beating the market. No two market environments are ever exactly the same but fear, greed, panic and euphoria are always involved when investors take things to the extreme.
Regards,
Ted
http://awealthofcommonsense.com/2017/07/a-market-history-lesson-from-peter-bernstein/
