Imagine an NFL coach,” writes Roger Martin, Dean of the Rotman School of Management at the University of Toronto, in his important new book, Fixing the Game, “holding a press conference on Wednesday to announce that he predicts a win by 9 points on Sunday, and that bettors should recognize that the current spread of 6 points is too low
People underestimate how much the social sciences play into how the stock market works. The issues with the market aren’t just about unchecked greed and the 1%. It’s about inherent, unavoidable quirks in human behavior and psychology.
The Dumbest Idea In The World: Maximizing Shareholder Value - Forbes
Source: forbes.com