Blog
Thoughts and musings from my desk to you.
Predictably Irrational Investing
Behavioral Finance, InvestingThe field of economics has long assumed that people make decisions that optimize their own utility, and to derive the greatest benefit for themselves. However, psychological studies show that we humans do not do this, but rather we often make irrational choices, and we do so predictably. In this case, irrational investing choices.
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