Stocks and the economy are unrelated to people's hearts and minds.I think many people believe that.
However, surprisinglyStock priceIn addition to economic and social factors,It is closely related to people's hearts.
A professional investorGeorge Sorostoo,"Reading the Mind of the MarketHe has published a book titled "[Title of the book]". Both of the following books are highly acclaimed.
InvestorGeorge SorosThere is probably no one in the world who doesn't know about it.A very famous investoris(Assets areOver 2 trillion yenIn Japan, this would be someone like Masayoshi Son of SoftBank, or someone even wealthier than him. Even among Japanese people, those in the know are sure to recognize him.
He has become extremely wealthy by following and anticipating people's psychology and trends, predicting stock prices, and making accurate predictions.
George Soros is the most intellectual of all personality types according to the MBTI personality test.INTP (Researcher Type)That's what they say.
So,This article explains how stock prices and human psychology are related.
"Self-fulfilling prophecies" that also affect stock prices
Everyone,Self-fulfilling prophecyAre you familiar with the theory that...?
To put it simply,The phenomenon where what a person believes actually comes true.This refers to that.
Around 2020A rumor that toilet paper will run out due to the impact of "coronavirus"It spread,Toilet paper actually runs out of stock.That happened.デAs a result of believing in Ma,realization"I ended up doing it."For more details, please refer to the article below ↓
The same thing can happen with stocks.
George Soros turned that to his advantage and became extremely wealthy.
For example, let's look at the following two examples.
- (One person) will buy because they think the stock price will go up.
- It really goes up
- (Seeing that) I think other people will go up too.
- Other people will buy it
- Repeat this process.
- Before you know it, everyone's buying it
- (One person) is selling because they think the stock price will fall.
- ReallyGo down
- (Seeing that) I think other people will go down too.
- Other peoplesell
- Repeat this process.
- Before I knew it, everyone was selling.
As a more concrete example, let's look at the stock price fluctuations of Bitcoin and the Nikkei stock index.
The mechanism behind rising stock prices (=bubble) can be illustrated as follows:
In the case of a market crash, the opposite happens.
- Stock prices may fall for some reason.
- (Even if it's not actually the case) people tend to assume the economy is going down.
- (Each individual) refrains from buying
- Consumption is falling.
- Sales actually decline
- The economy will worsen (this will actually happen)
Are people driven by fear? What is prospect theory?
moreover,People are more afraid of fear than anything else, so market crashes tend to happen faster.That's right.
ThatProspect Theory" is what it says ↓
Prospect TheoryIn other words,"(Humans value losses more than gains) → They are driven more by fear than by pleasure."That is what it means.
For example, the sadness of losing 5 million yen from 10 million yen is greater than the joy of making 15 million yen from 10 million yen.
For example, there are other things as well.Corona beerEven though it has nothing to do with the coronavirus, the decision not to drink Corona beer is also...Prospect TheoryThis is having an effect.
In fact, since the coronavirus outbreak, the stock price of Anheuser-Busch InBev (owner of Corona beer) has fallen.
The rumor that Corona beer and the coronavirus are linked is proving difficult to quell. The reason for this is...HerePlease refer to the following.
If you've become interested in stocks, I recommend these two books."Master Stock Charts in 7 Days: A Book That Makes Understanding Stock Charts Incredibly Easy"The following"View on Amazon"From the linkTry readingYou can also do that. Even just looking at the table of contents is interesting.That's possible.
Most people who are just starting out in the stock market tend to hold onto their investments even when stock prices start to plummet, and end up losing money.Therefore, it is important to thoroughly learn the mechanism from books like the ones mentioned above.
moreover,Stock prices fall much faster than they rise.Therefore, caution is advised. The reason is explained in the following article ↓
The human heart that moves stock prices
Thus, even stock prices (markets)"Self-fulfilling prophecy" and "Prospect theory"As expressed in this way,The human heartThere are parts that are determined by that.
for example,George SorosIn terms of personality typology,INTP (Researcher) TypeI was told,Types of people suited to being investorsThat's what they say.George SorosIt is of the typeINTP (Researcher) TypeFor more information, please see the link below ↓
George Sorosteeth,This type of person is very good at anticipating people's psychology and keeping up with the market.
Of the 16 types,INTP (Researcher Type)やINTJ (Strategist type)Those who are good at investing are...ESFP (Optimist)It is said that...What type of person are you?From the link belowPersonality testYou can receive it ↓
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