I’ve added Podcast #92 to the “RobCasts” section of the site. It’s called The Market Has a Brain — That’s Why Whatever You Decide to Do Turns Out to be Wrong.
Investors often joke that stocks are sure to go down soon after they make a big purchase. There’s a reason why things often turn out that way. The market really does in a sense have a brain that helps it know how to do the opposite of what most of us are expecting.