2 Comments
User's avatar
Simon's avatar

"And it is this lack of overoptimism why investors who have learned their trade in a bear market have slightly better performance on average than investors who have learned their trade in a bear market"

The latter would be 'bull market', then.

As always, so interesting! Thanks for sharing your reading with everyone on this blog.

Expand full comment
Joachim Klement's avatar

Thank you :-). OOI have corrected it on the website.

Expand full comment