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Investing Quote by Tharp, Van

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““market. Instead, we need to keep in mind that the representation is just a shortcut for presenting a lot of information, or even worse, a distortion of that information. Reliability bias People assume that something is accurate when it may not be. For example, market data that you use in your historical testing or that come to you live are often filled with errors. Unless you assume that errors can and do exist, you may make lots of mistakes in your trading and investing decisions. Lotto bias People want to control the market, and so they tend to focus on entry, where they can “force” the market to do a lot of things before they enter. Unfortunately, once they enter, the market is going to do what the market is going to do. And””

Tharp, Van

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