Quack theories that use mystical forces to explain away the downturn are designed to prey on gullible minds and are no substitute for straight and hard economic thinking
Puzzled by the way your portfolio is moving? Bogged down by confusing ratios between company performance and share prices? Perhaps you should start watching your kettle rather than your terminal. According to Eugene Stanley, a physicist at Boston University in the US, the demand for stock goes up and down according to the same natural laws that govern the change water undergoes when it's heated into steam. By analysing price data, Stanley says in the latest issue of the science journal Nature, 'econophysicists'' can fix a 'boiling point'' for a stock and identify periods when it is ...
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