Following the herd. Part II

This is part II on our discussion of “herd mentality,” also known as following the herd. As we mentioned in the last article, herd mentality describes how people are influenced by the crowd’s emotional stampede. When it relates to investing, it usually leads to irrational buying or selling. This happened in 1999 near the end of the internet bubble. Investors knew rationally that the huge run up in technology stocks completely defied logic, but because of herd mentality, they convinced themselves that this was justified and bought anyway. Another example of Herd Mentality was in the beginning of 2009. This … Continue reading

Following the herd

Have you heard of “Herd” behavior in animals? This is the phenomenon where animals of the same species will act together and react the same way without coordination. When an animal is threatened, he has more perceived safety and protection from the herd. When the predator attacks, the chances for any one individual animal to be a victim is greatly reduced. Herd mentality, however, is not just isolated to animals. In fact, individual investors are extremely prone to these reactions when it comes to investing. When the stock market is at the beginning of a bullish cycle, it usually goes … Continue reading

Busting college savings myths

Have you ever seen that cool show on TV that busts all different kinds of myths? Especially that episode where they find out if talking on a cell phone while pumping gas could actually cause an explosion? Or that other episode where they see if an elevator suddenly falls, could you save yourself in the nick of time by jumping out just before it hits the bottom? In today’s article, we will bust some college savings myths… just as cool as the show, right? We make too much money to get financial aid.  This myth may be true, but the … Continue reading

A little neighborly love goes a long way

Those days are gone when neighbors refer to one another on the first name basis and exchange local gossip during their morning walks.  That face-to-face interaction has since been replaced by electronic and online communication tools. Cries of desperation go unheard The byproduct of technology is a deep sense of loneliness and isolation.  The sting of isolation becomes even more pronounced when one is an immigrant with limited English capabilities.  Mundane and simple tasks such as going grocery shopping or getting on the bus can become quite a challenge.  Some immigrants just quit trying and rely on their children and … Continue reading

Are Chinese parents superior?

Just imagine. Just imagine: over a casual lunch conversation, your close friends do nothing but praise about your son being a caring ER pediatrician like Dr. Douglas Ross (portrayed by George Clooney) in NBC’s ER. If you were a typical parent, you would be quite delighted right now. If you were a typical Chinese parent, it would be difficult for you to even try to disguise the overflowing joy shown through that reflexive but highly infectious smile. A smile of a mother with just the thought of her child’s bright prospect is second only to that of a cute baby. … Continue reading

Letter to the Editor

Dear Editor, Ironically, just about the same time as you published the informative article on Betty Yau’s role in Quincy, there was the tragedy of Li Rong Zhang and the death of her son, Brandon Yang.  I can’t even begin to imagine the state of mind she must have been in to do such a thing. But in a way, it’s not such a surprise either, when you consider some people’s feelings of isolation.  I’ve been made aware, as a Germantown resident of twenty two years, of the isolation and loneliness that many non-English speaking residents must feel, and of … Continue reading