Charts & Numbers

The Tinkerbell effect explains that events only exist because people believe in them. The theory is named after Tinker Bell, the fairy, in Peter Pan who is revived from new death by the belief of the audience.

There are many cases in the investment domain that could easily be defined to meet the Tinkerbell effect.. The existence of money (notes) could be questioned as a result. Nowadays, it is more evident in the price of Gold than in any other security. Investors flock to the commodity as a ‘safe haven’ while empirical evidence proves that it is by far not the case.