In his book – Devil Take The Hindmost, Edward Chancellor discusses the excessive swings in markets that never change. Here’s an excerpt from the book: As the stock market itself is, like Hobbes’s Leviathan, composed of the actions of individual speculators, these neurotic traits can be found in the mass … Read More
Edward Chancellor: When Investors Continue To Maintain Faith In A ‘New Era’ Of The Stock Market
In his book – Devil Take The Hindmost, Edward Chancellor discusses what happens when investors continue to maintain faith in a ‘new era’ of the stock market. Here’s an excerpt from the book As long as investors maintain their faith in a new era and ignore dissonant information, then stocks … Read More
Edward Chancellor: Is Value Investing Set For A Revival
In his latest interview with The Market NZZ, author of Capital Returns Edward Chancellor was asked about his thoughts on the current market, bubbles, and the impact on value stocks when inflation returns. Here’s an excerpt from the interview: What does this all mean for an investor? Financial assets do … Read More