3 simple rules will explain 99% of human behaviour

1: Most people don’t think.

2: Some people are jerks.

3: Everyone is selling something.

That led to a delightful column last week from Michael Johnston’s A Visual History of Market Crash Predictions.

Here are some of the more egregious calls, but the entire article is well worth your time to read:

Thanks Barry Ritholz for sharing your wisdom

Summary-7.16