Wall Street unleashes its 'weapons of mass manipulation' on you
Monday January 29, 7:32 pm ET
By Paul B. Farrell
Arming Wall Street with more firepower to dominate irrational investors
"ARROYO GRANDE, Calif. (MarketWatch) -- Sorry investors, but you're at a distinct disadvantage, running a handicap race. You're one of America's 94 million Main Street investors and the odds are 100:1 against you given the enormous firepower of Wall Street. And thanks to behavioral finance, it's getting worse, the gap's widening." Full Article.
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2 comments:
Nice article, thanks.
I guess the manipulation aspect can be applied to many aspects of our economy, not just Wall Street.
People behave irrationally in many different ways. In a weird 'capitalistic-pig' way, it is extremely clever.
If you can't beat them, join them...
Thanks for that article ub. It reminds me that I really must get to my promised, epic post about marketing/manipulation.
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