Ten Characteristics of Irrational Exuberance
There are two types of stock gains. There are real gains, which are rooted in economic productivity, and there is irrational exuberance, which is rooted in investor emotionalism. Set forth below is a list of ten characteristics of irrational exuberance. – Valuewalk Q4 2021 hedge fund letters, conferences and more The Ten Characteristics of Irrational…