The Money Tree

I bought CME last October for $160 a share on the basis of what I claim in my book The Psychology of Investing – that CEO personality determines share price increases more often than company statistics. CME shares are now $300. My friend, a psychologist, think I was more lucky than smart. I disagree. I believe that that “behavioral economics” is more important than “straight economics” when buying stocks.

What do you think?

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2 Responses to “The Money Tree”

  1. black hole of genf Says:

    Soros talks about stuff like this in “The Alchemy of Finance” 🙂

  2. social media site Says:

    I’m usually overly critical in regards to writing. However, your sources are great.

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