- Wealth PMS
Constancy of Human Nature
There is something primal about the human emotions of Greed and Fear. It is these emotions in a collective sense that reflect in prices.
Questioning trends in a market, is akin to questioning the existence of these emotions, the ones that make us Humans.
Martin Lueck of Aspect Capital makes an interesting point when he says, "As a species, we have not evolved much in terms of the crowd behavior that drives trends."
As trend followers that's what we are betting on, the constancy of human nature . . .