• Summon Your Courage and Buy Stocks

    Investors who conquer stock-phobia have an edge over those too focused on their rearview mirror By Jason Zweig 2025: Oct. 4, 2008 12:01 am ET During the Great…

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  • Thought of the Day

    Thought of the Day

    2000: Be patient. Watched stock never boils.

    –Peter Lynch, One up on Wall Street (New York: Penguin, 1990), p. 235.
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Jason is the author of “Your Money and Your Brain,” on the neuroscience of investing, and the editor of the revised edition of Benjamin Graham’s “The Intelligent Investor,” the classic text that Warren Buffett has described as “by far the best book about investing ever written.”

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Today in Financial History

1969: The New York Stock Exchange, so far behind on its antiquated paperwork that it has to close each Wednesday so that clerks can process trades, appropriates the unprecedented sum of $7.5 million to upgrade its computer systems.

Alexander J. Field, "The Telegraphic Transmission of Financial Asset Prices and Orders to Trade: Implications for Economic Growth, Trading Volume, and Securities Market Regulation," Research in Economic History, vol. 18 (1998), pp. 145-184, p. 154.