Read? What's wrong with REITs and NCPS?
Before you start borrowing big fat boys' investment strategy, you may want to understand the behaviour theory behind it.
Bernoulli (1738) popularised the concept of the utility of additional wealth is inversely related to the amount already processed. This may help to explain why many wealthier individuals (big fat boys) may be more inclined to choose fixed income investments over day-trading. Their unwillingness to assume greater risks is related to their perception that they have much to lose in the realm of personal possessions and not much to gain in the realm of personal needs.
Billionaire Stan Druckenmiller says he’d give Bidenomics an ‘F’ because
inflation almost came down before the Fed ‘fumbled on the five-yard line’
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Bidenomics has another critic. Stanley Druckenmiller, the famed billionaire
investor who made his money working alongside George Soros, has been
extremely ...
47 minutes ago
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