人类认知存在着局限性。我们往往会根据有限的信息做出全盘的判断,这种倾向可能导致严重的误判。
我不是圣人,我是罪人。
理解金融市场行为的关键在于理解参与其中的人的行为。
Security is sleeping in the back seat of the car...When you're a little kid, and you've ben somewhere with your Mom and Dad, and it's night, and you're riding home in the car, you can sleep in the back seat...You don't have to worry about anything...Your Mom and Dad are in the front seat, and they do all the worrying...But it doesn't last! Suddenly, you're grown up, and it can never be that way again!