Emotions are the main cause of losing money in the stock market

Emotions are the main cause of losing money in the stock market

And in the end, we were all chumps during the roaring bull mar­ket of the 1990s. There is a special psychological element to losses that people took during the tech rally.

There was a wave of corpo­rate malfeasance, false accounting schemes, and complicity from those who were supposed to know better.

The entire system broke down. I'm not going against what I wrote earlier—everyone got too greedy and we all lost a little (or a lot) of our religion during the height of the boom period.

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