Creator
Michel Pireu is a markets columnist for Business Day. He is the founder of MP+A, the stock market trading and digital content provider.
There is always the risk of correctly forecasting which way stocks prices will move
Stocks are a little like weather: if you’re experiencing the hottest day in years, it will surely be cooler tomorrow
An intuitive approach — based on experience and an innate ability to sense what’s going on — can help with solving complex problems
Phenomenon changes everybody’s position, without anyone doing anything to cause it
We do worse in life because we spend too much for what we want now at the expense of what we want in the future
There are three separate phases of the puzzle in the US that reveals an odd association with the news
Long-term investors facing a downturn are most susceptible to loss aversion, herding, recency bias and availability bias
Market-neutral strategy uses algorithms based on patterns of human behaviour
Trading stocks based on a short-term outlook or according to the latest headline does not translate into a long-term winning strategy
Reflective happiness has little or no impact on our day-to-day lives
Nassim Nicholas Taleb: Hire the successful trader, conditional on a solid track record, whose details you can understand the least
We absolutely have to choose the right people and cultures when it comes to selecting long-term stock investments
Despite its fuzziness, intrinsic value is all-important and is the only logical way to evaluate the relative attractiveness of investments
Revise your beliefs and you can change your feelings
If the standard model is broken, why don’t more people want to change it? The short answer is career risk
