Nigel said:

Short term bias

Has the seemingly cooler weather this summer in some States contributed to climate change being seen as a less important issue? Headlines of lower temperates and higher rainfall / flooding have replaced those of bushfires and sustained exteme temperatures. Seemingly, more emphasis is being placed on more recent observations. Perhaps similar can be said for investing – is undue emphasis placed on recent observations at the expense of medium to longer term trends?

Friday, March 5th, 2010

Yes or no?