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发帖数: 178 | 1 Investing legend Bob Farrell's 10 rules to investing.
1. Markets tend to return to the mean over time
2. Excesses in one direction will lead to an opposite excess in the other
direction
3. There are no new eras -- excesses are never permanent.
Whatever the latest hot sector is, it eventually overheats, mean reverts,
and then overshoots. As the fever builds, a chorus of "this time it's
different" will be heard, even if those exact words are never used. And of
course, it -- Human Nature -- never i |
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