RT Journal Article
SR Electronic
T1 Debunking 7½ Myths of Investing
JF The Journal of Investing
FD Institutional Investor Journals
SP 95
OP 111
DO 10.3905/joi.2022.31.4.095
VO 31
IS 4
A1 Laurence B. Siegel
A1 Stephen C. Sexauer
YR 2022
UL https://pm-research.com/content/31/4/95.abstract
AB While investment theory and technology offer rational ways to deal with uncertainty, it is more human simply to run away from it. One place people run to is mythology, in this case investment mythology. Myths include misunderstanding the role of central banks and monetary policy; exaggerating the impact of technologies such as index funds, artificial intelligence/machine learning, and “green” energy; and believing either that markets will provide the historical rate of return forever, or the opposite, that there will never be any more growth. The authors tackle seven myths that challenge investors today, plus one (“a half”) that is part myth and part truth.