When it comes to equity market, we always look at it as risky, volatile and hard to predict. However, as humans and investors, if we look into ourselves then we noticed that we have certain stubborn features.
Let us discuss those 5 constant features of the equity market in detail. These features will remain the same in the past, current, and future too.
5 immortal features of Equity Market Investors
# Greed
In this 2014 article of Wall Street Journal, they mentioned an interesting point of what Jason Zweig found “Over the last 30 years the S&P 500 was up 11.1% and yet the average investor in all U.S. stock mutual funds experienced the performance of a mere 3.7%. What gives?”.
Let me share the quote from Benjamin Graham.
“The chief hazard of a careful common stock program is not that it may bring unexpected losses, but that its profits will turn the investor into a speculator greedy for quicker and bigger gains — and therefore headed for ultimate…
