When stock markets fluctuate, investors get antsy. Sell before things get worse? Buy up the bargains? What’s the right strategy?
In this edition of Smith Business Close-Up with the University of Maryland’s Robert H. Smith School of Business, host Jeff Salkin sits down with David Kass, who explains why you should resist the impulse to guess where the market is headed.
Kass, a clinical professor of finance, has been closely following the stock market for over 50 years, since his grandfather gave him a few shares of stock when he was 12. He has published articles in corporate finance, industrial organization and health economics. He currently teaches advanced financial management and business finance. Prior to joining the faculty of the Smith School in 2004, he held senior positions with the Federal Trade Commission, General Accounting Office, Department of Defense, and the Bureau of Economic Analysis.
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About the University of Maryland's Robert H. Smith School of Business
The Robert H. Smith School of Business is an internationally recognized leader in management education and research. One of 12 colleges and schools at the University of Maryland, College Park, the Smith School offers undergraduate, full-time and flex MBA, executive MBA, online MBA, business master’s, PhD and executive education programs, as well as outreach services to the corporate community. The school offers its degree, custom and certification programs in learning locations in North America and Asia.