Researchers Find Neural Basis For Irrational Exuberance
Warren Buffett has long maintained that success in investing doesn’t require anything more than ‘ordinary intelligence,’ but that you do need the right temperament to fight urges that cause other people to chase earnings and then sell into a bear market. Now the principal that he, Charles Munger, and others have argued from experience is getting some scientific backing (h/t Rob Wile at
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