Image Credit: “Mouth of Hell,” detail from the Hours of Catherine of Cleves, Dutch, ca. 1440, The Morgan Library By Jason Zweig | Sept. 16, 2008 12:01 a.m. ET If you learn nothing else from the last few harrowing days, you should learn the difference between what is obvious and what is inevitable. In the heat of the moment, the two perceptions...Read More
Should You Fear the Ostrich Effect?
Image Credit: Heath Hinegardner By Jason Zweig | Sept. 13, 2008 11:59 p.m. ET In a stock market that never seems to run out of reasons to go down, you no longer feel like a bull. But that does not necessarily make you a bear. You may, in fact, have become an ostrich. Chances are, you didn’t leap for the letter opener the last time your...Read More