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Markets-Economic Times 14h ago

Quote of the day by David Swensen: "The underlying driving force behind market timing decisions seems to be emotional — fear, greed, chasing performance — buying something after it has gone up, disappointment, and sales after something has declined."

David Swensen emphasizes that emotional biases, such as fear, greed, and performance chasing, often drive poor market timing decisions. Investors should rely on disciplined, long-term strategies and focus on controlling...

City AM 14h ago

Ministers poised to nationalise second steel firm

The government is poised to take the UK’s third-largest steelworks into public ownership, after months of talks to find a buyer broke down. Business secretary Jonathan Reynolds said on Monday that ministers would s...