A prospective client sent me an article that ran in The New York Times on October 19, 2011.
It was written by Daniel Kahneman who is an emeritus professor at Princeton and winner of the 2002 Nobel Prize in Economics. He is a leader in the area of behavior economics.
The article, "Don't Blink! The Hazards of Confidence" is quite interesting.
Investors who believe they are able to beat the market would benefit from considering Kahneman's message.
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