One of the inherent characteristics of youth is curiosity. For example, when little kids ask their parents, “Why is the sky blue?” they are curious about the world and seek a simple, satisfying answer. However, the actual scientific explanation, involving complex concepts like Rayleigh scattering, might disappoint them due to the intricacy.The blue-sky question relates to investing because investors often ask, “Why is the equity market going up or down?” expecting straightforward answers. They may seek reas ...