Financial quote of the day
Passed along as a quote of the day is this, via Christopher Jones of Keystone Financial Planning in Macungie, Pa.
“I have not looked at any of my holdings and don’t intend to. I don’t want to be tempted to jump because I think I’d be more likely to jump in the wrong direction than the right one. My advice has always been to choose a sensible diversified portfolio and stop reading the financial pages. I recommend the sports section.” Richard Thaler, professor of behavioral science and economics, University of Chicago Graduate School of Business.
