Howard Marks blames market volatility on emotional investing
[ad_1] Emotional investing contributed to latest market volatility, based on Oaktree Capital Administration’s co-chairman Howard Marks. In a brand new memo, the billionaire debt investor stated that risky psychology, skewed notion, overreaction, cognitive dissonance, rapid-fire contagion, irrationality, wishful considering, forgetfulness, and the dearth of reliable rules represent the principle trigger of utmost market highs and…