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Old 07-21-2010, 03:06 PM   #227 (permalink)
Baraka_Guru
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Quote:
Originally Posted by aceventura3 View Post
Usually I say: People do what they think is in their best interest.
This is likely to be the case. The issue, then, is calculating the difference between what they think and what they know.

The bottom line: people are seldom as rational as they think they are. The market is driven in large part by emotions. Even if you take household money matters, emotions tend to play a larger role than people would like to accept.
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Last edited by Baraka_Guru; 07-21-2010 at 06:51 PM.. Reason: typo
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