Behavioral Economics

The Stock Jockey

Lesson 3

Looking for action

The stock jockey is constantly looking for action. This type of investor tries to time the market by betting that a stock is going up before other investors realize it — and then selling when it is near the peak price before most investors figure out that it is going down.


This type of investor pores over market and economic data, reads business articles, and is well-informed about business trends and news. He or she is willing to take risks for a chance at big returns.

Doomed from the start

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