Quote by Kenneth Chang

A market is the combined behavior of thousands of people responding to information, misinformation and whim.

A market is the combined behavior of thousands of people res

Summary

This quote suggests that a market is shaped by the collective actions and decision-making of numerous individuals, each with their own set of information, misinformation, and personal whims. It highlights how the market is not guided solely by facts or accurate data, but also by subjective perceptions and spontaneous choices. The quote emphasizes the unpredictability and complexity of market dynamics, as it is constantly influenced by the interplay of diverse and often imperfect information. Ultimately, markets reflect the combined psychology and behavior of the multitude of participants involved, making it a dynamic and intricate system.

Topics

Investment

By Kenneth Chang

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