The Keynesian Beauty Contest is a concept developed by John Maynard Keynes and introduced in Chapter 12 of his work, The General Theory of Employment, Interest and Money (1936), to explain price fluctuations ...
by Erik Conley
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by Erik Conley
The Keynesian Beauty Contest is a concept developed by John Maynard Keynes and introduced in Chapter 12 of his work, The General Theory of Employment, Interest and Money (1936), to explain price fluctuations ...
by Erik Conley
If real estate is all about location, location, location… then the stock market is all about earnings, earnings, earnings. What drives the market is the growth of earnings from one quarter to the ...
by Erik Conley
Daniel Kahneman coined a phrase for the human tendency to overestimate our level of competence in a range of activities – like driving, test-taking, and picking wining investments. He called it the “illusion ...
by Erik Conley
Stock market outlook The bull market in US stocks appears to be intact. We expect corporate earnings to turn positive as economic growth slowly improves and the twin headwinds of energy sector losses ...
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