Maybe the short-term volatility is telling us something about the capriciousness of human nature
Absolutely. Maybe it's a sign that there are very significant emotional elements in our decision making process. We try to be rational and to make considerate judgments, but in the final analysis may have limited time. We may have to make decisions based upon rules of thumb or generalizations. Decisions are overly hasty, emotional.
Lacy Hunt as interviewed by Kate Welling. John Mauldin's Outside the Box, February 13, 2012
James Drogan
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