Back To Basics: Value Investment And Behavioral Economics by Balint Anton Francisc Today’s financial markets are bombarded with a long list of worries. Some of which are more justifiable than others. As Howard Marks suggests in his first memo for 2016, On the couch, the list includes fears related to China’s economy, the inability of central banks to achieve 2% inflation, the geopolitical picture in Syria and the flow of immigrants in Europe, ISIS, the oil price ‘up and down’ movements, the US political election and Brexit. How can investors make sense of the ‘new’? Are all these events truly…
Back To Basics: Value Investment And Behavioral Economics
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