Higher Education Has No Place In The Stock Market

Investors who last long enough in the market realize that the market does not care who you are, what bills you have to pay, or what type of education you have and that ‘WHY’ something is happening is not what’s important but the ‘what’ is.  You see, many individuals need a “WHY” to why something is happening, they need to feel that they are using their brains when they buy something.  I know of technical analysis driven research firms who hire story tellers to write a story on the stock that they feel is a buy or sell at certain level, why, because the buyers of the research need a why, whether or not that why is the reason why they are buying the stock is irrelevant as long as they have the why.  The highly educated book smart type some times are the biggest loser in this emotional driven it is what it is market.

StockCharts wrote a great piece; “ARE YOU TOO EDUCATED TO BE A SUCCESSFUL INVESTOR?  If you are an educated professional and you want to succeed in the stock market, you must be willing to jettison those portions of your career training that are at odds with investing. Instead, you must:

Click here to read the rest of the story.

“Why ain’t in your repertoire no more…”


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.


blog comments powered by Disqus