Mind games: 4 cognitive biases killing your investing returns
As if there wasn’t enough to wrap your head around as a stock investor, there’s another constant adversary we have to contend with – ourselves. It’s not enough to simply do your research and execute on a plan, you need to overcome some of the very things that make you human. The stock market may be more data-driven and sophisticated than ever, but it’s still fundamentally about people. And people can make emotional and illogical decisions despite their best efforts and intentions. Here are 4 common cognitive biases you need to be aware of as an investor and how you can overcome them. ….[READ]
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