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Letter "R" » Richard Geist Quotes
«Any relationship in which you're talking about money, like a broker/client relationship, is a powerful, emotionally-charged thing, ... Money is important because there are so many important connotations to it: self-esteem, security, self-confidence, power.»
«It could increase people's anxiety, ... Extending the trading hours is going to keep them focusing on the market.»
«The market's reaction is purely psychological,»
«Whenever you get a traumatic event happening in society, you tend to see certain reactions to it, such as irritability, depression, confused thinking and sleep problems, ... In that context, rational decision-making becomes very difficult. People tend to begin to let their thought processes be guided by their anxieties.»
«These relationships can last for years if there's a sense of empathy on the broker's part, ... Clients leave a broker because of interaction that makes them feel terrible.»
«If you have a long-term view of the market, this is one of the best buying opportunities we'll see for years to come, ... If you don't believe that, take a look at any stock market chart showing the past 60 years. Severe market retreats, which make everybody so anxious, look like tiny blips in an upward-spiraling market.»