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In An Instant-Reaction Age, Patience Will Win the Day
By The Smart Investor  •  May 26, 2023
We live in an age of reaction. For every new piece of information that comes out, the response is instantaneous. That’s especially true for the stock market, where there is no shortage of major news, business developments, or statistics demanding immediate attention. Technology only helps get the word out faster than ever before. Today, it takes minutes to record a reaction video on TikTok. Within the hour, the internet will be flooded with breaking news, and social media will be set alight with this new bit of information. The operative word here, of course, is speed. The race to be first is not the only factor. Every new piece of information or data point in the stock market is also dressed up to sound more important. The use of click-bait titles, designed to elicit a reaction, often draws a response, causing investors to buy or sell stocks based on the latest news. That’s not the end of it....
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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