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Strange Financial Superstitions around the World
By Doctor Wealth  •  February 9, 2015
Despite all the technological, scientific and financial advancements we’ve made, our heads and hearts are still occasionally ruled by irrational emotions and superstition. Here are a few strange financial superstitions we’ve found around the world. — Throughout history, people have been relying on a wide variety of superstitions, rituals, objects, and symbols to navigate life’s uncertainties. Even in today’s era, where the normal man on the street lives in a world filled with rich tapestries of information and has access to incredible computing power, we’re still slaves to ancient beliefs. A paper written by two professors from the Nanyang Business School and University of California studied 1,384 new companies that listed themselves in China (probably one of the most superstitious countries in the world) between 1991 and 2005 and discovered that, when it came to the IPO market, “investors did generally prefer listings with lucky numbers”. Due to this, IPO ......
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By Doctor Wealth
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