|
Before we move on, a brief note about pattern seeking. Fisher Investments Press author Michael Hanson believes it's easy to fall into despair about stock market patterns—how can we possibly find any new ones that aren’t already priced into stocks? There are so many millions of people out there seeking patterns—some equipped with highly sophisticated technology and mathematical algorithms. Surely, all the patterns must be found by now!
Not a chance. Throughout civilization, many otherwise brilliant people have come to the conclusion "there is no more to know—we've discovered everything." Whether it's science, economics, ecology—anything—at one time or another we've had the audacity to believe we’ve learned it all. And every time that sentiment is proven absurd. Fisher Investments Press author Michael Hanson believes this will prove especially true for capital markets and economies.
In truth, we're at the beginning. Capital markets are nascent and developing at an ever-accelerating speed, changing, growing, evolving. Fisher Investments Press author Michael Hanson believes there are undoubtedly more techniques, ideas, and patterns out there yet to be discovered. He believes we haven’t even scratched the surface.
For more information or to purchase 20/20 Money by Fisher Investments Press, click here..
|