Searching for a Silver Lining
February 17, 2009 at 20:59 PM EST
“When people are frightened, they cut their time horizon dramatically, … Even advisors will say to sell because they see portfolios crumble and they fear people will have nothing left. It’s really not rational, but it does happen.” That’s what David Dreman wrote in his book Contrarian Investment Strategies. Now, almost 30 years later, it’s looking [...]