O'Reilly logo

Moods and Markets: A New Way to Invest in Good Times and in Bad by Peter Atwater

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

9. Using Horizon Preference No Matter Your Long-Term View

As I offered in my introduction, my goal in writing this book is to share the insights and conclusions I have come to through the framework of socionomics. My hope is to help investors see what I now see in the markets and the world around us so that they can prosper from it. I was not trying to write either a Dow 50,000 or Dow 5,000 book.

To be clear, I hope my mood-based assessment of the past 20 years is not just wrong, but that it’s very wrong. I don’t wish for single digit P/Es nor the societal behavior that would naturally accompany a market defined by severe self-assured uncertainty. But it makes sense to me that confidence would follow a cyclical pattern (such as suggested in the ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required