Should You Get Out of the Market Now and Get Back In Later? (Rebroadcast)
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Description
Whenever there’s a rapid drop in the stock market, whatever the cause, some investors wonder whether they should just get out of the market for a while. Here’s why that approach usually doesn’t work.
Alex Imas, professor of behavioral science and economics at Chicago Booth, visits to discuss new research into the effects of heuristic thinking on institutional investors' performance.