Rich people know the markets are driven by emotion and greed
... while average people believe they're driven by logic and strategy.
"The rich know that the primary emotions that drive financial markets are fear and greed, and they factor this into all trades and trends they observe,"
Siebold writes. "This knowledge of human nature and its overlapping impact on trading gives them strategic advantage in building greater wealth through leverage."
http://www.businessinsider.com/how-rich-people-think.../
... while average people believe they're driven by logic and strategy.
"The rich know that the primary emotions that drive financial markets are fear and greed, and they factor this into all trades and trends they observe,"
Siebold writes. "This knowledge of human nature and its overlapping impact on trading gives them strategic advantage in building greater wealth through leverage."
http://www.businessinsider.com/how-rich-people-think.../