Clearly not the brains of those certain congressmen and women that sold off before the crash...not to mention their constituents they likely gave the tip to while maintaining a different political posture publicly. Curious what kinds of bucket loads of cash they made and continue to make shorting with continued access to inside info including classified intelligence.
This is your brain on a crashing stock market
31–40 of 77 posts
Re: This is your brain on a crashing stock market
#32Earlier quoted context omitted.
Health includes some component of hope and perception of security. It’s not clear to me that a person living check-to-check in a rented property with no stable income can remain healthy without economic stability. For better or worse, Wall Street news pervades our perception of whether times are good or bad.
I'd focus on the immediate needs like food and rent and let stocks take care of themselves once things are better. Food and rent are a much more real and present anxiety than stock prices, even if the latter certainly does affect the 'mood'.
Except if you’re unemployed, you might have to sell stock to focus on food and rent.
Re: This is your brain on a crashing stock market
#33Take it with a grain of salt but I am hearing (through finance podcasts) that a lot of hedge fund managers and investment bankers are working alone from home and without physical proximity with their teams, the panic levels are setting in. I think it makes sense to me - when we are not physically banded together, we have a lost sense of safety and security.
Apparently HFT funds are printing money with all this volatility.
Re: This is your brain on a crashing stock market
#34What would our political policy look like if the news ignored stock prices and focused on wage percentiles and employment numbers?
We'd still need to do something ASAP, but why not focus on that side of the numbers instead of this stock market fixation?
Re: This is your brain on a crashing stock market
#35Earlier quoted context omitted.
Let's suppose: what you say is true and they're like sheep. A guy in a group panicking has the rest of them to, kind of, validate his emotion. He might be panicking but he knows where he stands. By himself he doesn't even have that reassurance. He doesn't have anything to measure his emotions against. Does that make sense?
I understand the theory, but since I haven’t found traders to make better decisions in groups, I was wondering what the source was for the increased rates of bad decisions due to remote work.
That says something really interesting about traders - that more of them essentially add no value - but I am also wondering why you think Leadership would have increased presence when folks are remote. People in companies tend to clique up, it's just how humans do, normally, in an office setting, these cliques are rather limited in terms of exclusive discussion to private messaging, lunch & coffee. Part of this is due to the fact that in an office setting cliques tend to be eroded by shared company and leadership is always quite visible (or it's doing it wrong). To contrast, when folks are remoting these cliques will instead turn into echo chambers where the members are constantly primarily exposed to one another and leadership will become less visible as it is limited to interacting with smaller segments of the team at any given time.
Re: This is your brain on a crashing stock market
#36Lately I've been thinking about all of the "F.I.R.E." and "Boglehead" blogs and forums that have proliferated over the past 5-10 years. What percentage of those people are panicking over their plunging index funds vs. those who are ignoring the day-to-day chaos?
I thought the ultimate goal was to have enough in guaranteed fixed income (annuities, CDs, whatever) that no matter what happens you cover expenses. But maybe that's too conservative, even for those guys.
Re: This is your brain on a crashing stock market
#37Take it with a grain of salt but I am hearing (through finance podcasts) that a lot of hedge fund managers and investment bankers are working alone from home and without physical proximity with their teams, the panic levels are setting in. I think it makes sense to me - when we are not physically banded together, we have a lost sense of safety and security.
which finance podcasts do you like? i just know Macro Voices
Re: This is your brain on a crashing stock market
#38Earlier quoted context omitted.
I'd focus on the immediate needs like food and rent and let stocks take care of themselves once things are better. Food and rent are a much more real and present anxiety than stock prices, even if the latter certainly does affect the 'mood'.
Except if you’re unemployed, you might have to sell stock to focus on food and rent.
I'd be concerned for your financial stability if you need to liquidate assets as soon as you might miss out on two weeks' pay.
There are a lot of people that will really struggle in the coming weeks or months, but the venn diagram of those folks and people with a significant presence in the stock market is really quite small.
Re: This is your brain on a crashing stock market
#39Lately I've been thinking about all of the "F.I.R.E." and "Boglehead" blogs and forums that have proliferated over the past 5-10 years. What percentage of those people are panicking over their plunging index funds vs. those who are ignoring the day-to-day chaos?
I follow boglehead strategy. I’m riding this down and will ride it up. It’s an interesting ride but I’m not going to try and time anything. Still investing 70/30 s&p and bonds every 2 weeks. I’ve got lots of time left though (age 35). Time will tell if it was the right call!
Re: This is your brain on a crashing stock market
#40And yet, if every investment (including cash, because there is a near-certainty of the government turning to inflation to solve all these problems) is crashing, then isn't it the case that nothing is crashing?
My investment in 100 pallets of toilet paper isn't crashing
Bad investment. For this kind of money you'd buy a japanese bidet, with buttons all in japanese, so that you are constantly entertained.