Mark Sellers: Rational investors should rejoice

Mark SellersMark Sellers's latest article on FT's Inside Curve column. Here are a few more things Mr. Sellers have learnt about the stock market.

  • People can’t handle high returns.
  • Avoiding the big losers is more important than finding the big winners.
  • Even if you don’t use margin debt, you may be using leverage
  • It is irrational to wish for the stock market to rise

Direct Link - Rational investors should rejoice.

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