Investors Are Ignoring the REAL Risks to the Market: Bogle

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.

Investors Are Ignoring the REAL Risks to the Market: Bogle

Postby Ever Ready » Fri Feb 08, 2013 11:49 am

Investors Are Ignoring the REAL Risks to the Market: John Bogle
Video Interview with Matt Nesto Breakout 2-8-2013

http://finance.yahoo.com/blogs/breakout/investors-ignoring-real-risks-market-john-bogle-140549567.html
Best Wishes, | Ed
User avatar
Ever Ready
 
Posts: 187
Joined: 24 Feb 2007
Location: DC metro

Re: Investors Are Ignoring the REAL Risks to the Market: Bog

Postby gadfly888 » Fri Feb 08, 2013 12:13 pm

JB hits the proverbial nail on the head. Compared to a nuke taking out NYC, these are the best of investing times.

Gad-
gadfly888
 
Posts: 104
Joined: 13 Apr 2007

Re: Investors Are Ignoring the REAL Risks to the Market: Bog

Postby bottlecap » Fri Feb 08, 2013 1:14 pm

I saw this on yahoo and don't really get the title. It's always true that the real risks are war, global pandemic and the threat of nuclear war. Did the author write an entire article and miss the point of Mr. Bogle's seemingly tongue-in-cheek remark?

JT
User avatar
bottlecap
 
Posts: 3041
Joined: 7 Mar 2007
Location: Tennessee

Re: Investors Are Ignoring the REAL Risks to the Market: Bog

Postby dbr » Fri Feb 08, 2013 1:19 pm

The pertinent comment is this one:

"To hear this veteran investor tell it, the main risk most individuals face is themselves — especially when it involves trying to time market moves or other short-term trends while driving in and out of the stock market. When asked to characterize his feelings about the oft-cited ''risk-on, risk-off'' tone of the markets, Bogle simply says it's ''kind of silly" to try to make money that way, adding that he's never known anyone who had the capacity to do it successfully for any great period of time."
dbr
 
Posts: 13307
Joined: 4 Mar 2007

Re: Investors Are Ignoring the REAL Risks to the Market: Bog

Postby baw703916 » Fri Feb 08, 2013 1:32 pm

If the biggest risk that investors face is their own psychology, and they are ignoring it...isn't that a good thing? ;)
Most of my posts assume no behavioral errors.
User avatar
baw703916
 
Posts: 5332
Joined: 1 Apr 2007
Location: Northern Virginia

Re: Investors Are Ignoring the REAL Risks to the Market: Bog

Postby Fallible » Fri Feb 08, 2013 1:36 pm

dbr wrote:The pertinent comment is this one:

"To hear this veteran investor tell it, the main risk most individuals face is themselves — especially when it involves trying to time market moves or other short-term trends while driving in and out of the stock market. When asked to characterize his feelings about the oft-cited ''risk-on, risk-off'' tone of the markets, Bogle simply says it's ''kind of silly" to try to make money that way, adding that he's never known anyone who had the capacity to do it successfully for any great period of time."


Also, his initial hesitation and little laugh just after the question was asked were a perfect introduction to the "silly" remark. And his comments on global risks certainly put it all in perspective.
"The first principle is that you must not fool yourself - and you are the easiest person to fool." ~ Richard Feynman
User avatar
Fallible
 
Posts: 3525
Joined: 27 Nov 2009
Location: At home everywhere and nowhere.

Re: Investors Are Ignoring the REAL Risks to the Market: Bog

Postby Fallible » Fri Feb 08, 2013 1:41 pm

baw703916 wrote:If the biggest risk that investors face is their own psychology, and they are ignoring it...isn't that a good thing? ;)


Actually, ignoring their psychology, i.e., not acknowledging or understanding it, can lead to investing mistakes like market timing.
"The first principle is that you must not fool yourself - and you are the easiest person to fool." ~ Richard Feynman
User avatar
Fallible
 
Posts: 3525
Joined: 27 Nov 2009
Location: At home everywhere and nowhere.


Return to Investing - Theory, News & General

Who is online

Users browsing this forum: alisa4804, aorin, IlliniDave, jeff1949, Kalo, linenfort, neurosphere, packer16, RetiredInNH, richk2, Ruby, shorvath, Yahoo [Bot] and 73 guests