Housel: Prolonged Market 'Irrationality' Is Just Normal Human Behavior
Morgan Housel · How To Invest Like An Optimist With Morgan Housel · Apr 28, 2022 · at 22:39
Morgan Housel reflects on investors who have claimed markets have been overvalued for decades, suggesting their baseline models for rationality are flawed.
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“If something has been irrational for a long period of time, I think what you're actually just observing is the normal craziness of human behavior.”
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