The old Wall Street saying " buy on rumors, sell on the news," is alive and well, as can be seen from numerous sources in the media and the Internet. Rumors can drive herding behavior strongly.


Chapter 4, Positive Feedbacks, p. 108. - Why Stock Markets Crash - Critical Events in Complex Systems (2003)

Didier Sornette Quotes

The old Wall Street saying buy on rumors, sell on the news, is alive and well, as can be seen from numerous sources in the media and the Internet....

The old Wall Street saying buy on rumors, sell on the news, is alive and well, as can be seen from numerous sources in the media and the Internet....

The old Wall Street saying buy on rumors, sell on the news, is alive and well, as can be seen from numerous sources in the media and the Internet....

The old Wall Street saying buy on rumors, sell on the news, is alive and well, as can be seen from numerous sources in the media and the Internet....