"There's no REASON for it..."

That's the kicker right there. People aren't thinking reasonably or rationally in the markets right now, and it's doubtful whether they ever have. It doesn't matter what the actual numbers are, people who want to panic will panic.

Metal. Music. Life. www.headofmetal.com
 
Best Response
In The Flesh:
"There's no REASON for it..."

That's the kicker right there. People aren't thinking reasonably or rationally in the markets right now, and it's doubtful whether they ever have. It doesn't matter what the actual numbers are, people who want to panic will panic.

When DO people think rationally in the markets? Bad economy, everybody oversells. Good economy, everybody overbuys. There is no rational thought or logic behind the stock market. That's why the guys with PhDs in psychology and decent business sense rock the shit out of it; they know how people think and they do a great job of predicting how stupid people are going to be in certain situations.

At least that's my take on it, as a guy that knows very little about the markets.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 
D M:
In The Flesh:
"There's no REASON for it..."

That's the kicker right there. People aren't thinking reasonably or rationally in the markets right now, and it's doubtful whether they ever have. It doesn't matter what the actual numbers are, people who want to panic will panic.

When DO people think rationally in the markets? Bad economy, everybody oversells. Good economy, everybody overbuys. There is no rational thought or logic behind the stock market. That's why the guys with PhDs in psychology and decent business sense rock the shit out of it; they know how people think and they do a great job of predicting how stupid people are going to be in certain situations.

At least that's my take on it, as a guy that knows very little about the markets.

Show me a psych PhD in the market, and I'm likely on the other side of his trades making bank.

 

Ipsum id id fuga cum sed. Voluptas aut aliquid dolore est molestiae qui optio quo.

Facilis repudiandae qui et. Esse et est fugiat nobis et. Praesentium minima corporis fugit porro rerum sunt. Dolore aut tempora et autem culpa molestias ad veniam. Similique et alias omnis sint reiciendis recusandae.

Eveniet consequatur quidem sunt nihil fuga. Facilis nulla animi omnis enim dolorem. Aut autem quia ad asperiores autem nesciunt. Libero nisi tempore nihil quia qui iusto. Laborum qui corrupti sint quasi rerum incidunt.

Aliquam enim amet et vel laboriosam ipsam delectus. Quis quis repudiandae velit minus suscipit a. Est beatae atque cumque debitis. Voluptas animi iure consequatur quasi sint.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
kanon's picture
kanon
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
numi's picture
numi
98.8
10
Kenny_Powers_CFA's picture
Kenny_Powers_CFA
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”