inflow outflow

Hat tip Josh Brown


Today’s chart comes to us from Patrick O’Shaughnessy, author of the forthcoming book, “Millennial Money: How Young Investors Can Build a Fortune.” O’Shaughnessy makes the observation that investing is “almost free” and investor behavior tends to matter more than their actual investments.

As an example, he cites this chart.  Continues here



Category: Cognitive Foibles, Investing

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

One Response to “How Not to Beat the Market”

  1. Iamthe50percent says:

    “inflows peak at the exact market top, outflows peak at the exact market bottom.”

    Isn’t that what makes a peak and a bottom?