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The Psychology of the Stock Market |
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- A nation that is afraid to let its people judge the truth and falsehood in an open market is a nation that is afraid of its people.
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John F. Kennedy
- The Stock Market attracts civic-minded individuals who dedicate themselves to maintaining the institutions behind a smooth-running society. They are defenders of the status quo and strong believers in rules and procedures.
- The Stock Market is characterised by a practical, realistic, and matter-of-fact attitude. The Stock Market and it's participants are not interested in subjects they see no use for.
- One of the weakenesses of the Stock Market is that it does not consider peoples' feelings and points of view.
Interaction Style
According to Linda V. Berens' model, the Stock Market participants fall into the "In Charge" style, being both "extraverted" (E) and "Directing" (ST). They are outgoing, yet task-oriented, which also explains the behavior described above.
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