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Tag Archives: Mark Hulbert

Are Investors Idiots?

Ye olde tattered Crash Alert flag… should it be unfurled again? Image by fmh Black-and-Blue Crash Alert Flag Let us  begin the week “on message.” The Diary is about money. Today, we’ll stick to the subject.  Old friend Mark Hulbert has done some research on the likelihood of a crash in the stock market. Writing in Barron’s, he points out that the risk – or, more properly, the incidence – of crashes, historically, has been very small: “[…] consider that the 1987 and 1929 crashes were...

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