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« Projections for Nicholas Financial | Main | An Eight Stock Index Fund » March 10, 2010 Don’t Give Me the Facts, Give Me Something I Can UnderstandHere’s the opening of a fascinating article on cognitive fluency from the Boston Globe: Imagine that your stockbroker - or the friend who’s always giving you stock tips - called and told you he had come up with a new investment strategy. Price-to-earnings ratios, debt levels, management, competition, what the company makes, and how well it makes it, all those considerations go out the window. The new strategy is this: Invest in companies with names that are very easy to pronounce. (HT: Timmay Sykes) Posted by edelfenbein at March 10, 2010 10:15 AM |
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