deehouie
Joined 9 years ago
Joined 9 years ago
`All languages are wrong, some are useful.`
And R is one of them.
My question: are you going to avoid it like the plague; don't buy anything made of it, which may be in a lot of the things you touch. Btw, that's not very far-fetched, judging from the number of breakthrough research coming out of that country.
In 1921, you did not know DJI would have done so well over the next 100 yrs.
A very real counter example is the Japanese stock market. The Nikkei peaked at 39,000 in 1989. Thirty yrs later, it's only 28,000. Many blue chip stocks on Tokyo Stock Exch have never recovered their previous high.
Lefevre, E. (2004). Reminiscences of a stock operator (Vol. 175). John Wiley & Sons.
Kramer, C. (2000). " Devil Take the Hindmost: A History of Financial Speculation" by Edward Chancellor (Book Review). Finance and Development, 37(1), 53.
Mackay, C. (2012). Extraordinary popular delusions and the madness of crowds. Simon and Schuster.