Recognizing the behavioral mistakes you are susceptible to as an investor can be a feat in and of itself; successfully conquering them can be ever harder. Today’s article examines “three of the biggest errors behavioral economics has identified…and how to overcome them” with Spencer Jakab, a Wall Street Journal investing columnist and author of the new book on investor behavior Heads I Win, Tails I Win. The toxic trio in question? Loss aversion, inertia and overconfidence. To read more about how these insidious errors can undermine your investing success, as well as Jakab’s advice for avoiding them, CLICK HERE.
Identifying And Overcoming 3 “Insidious” Investing Behavioral Mistakes
- by Bob Mitchell
Tags:Behavioral EconomicsInvestingInvesting SuccessInvestorInvestor BehaviorstocksWall Street Journal