This Is Your Brain on Stock Market (Part 2 of 4)
Our brains are messed up. Daniel Kahneman, the Nobel Prize winning economist, calls the ways we are messed up “cognitive biases.” Our cognitive biases make us sell stocks whenever everyone else is…
Our brains are messed up. Daniel Kahneman, the Nobel Prize winning economist, calls the ways we are messed up “cognitive biases.” Our cognitive biases make us sell stocks whenever everyone else is selling. Cause us to buy stocks when everyone else is buying. This is called “herd behavior.” Another cognitive bias is called “loss aversion.” […]