Even the most thoughtful investors may be impaired by recency bias. Recency bias is a state of mind where our views are influenced by what we have experienced most recently. Being a successful investor entails remembering the purpose of our investment, keeping our...
Over my tenure, I have witnessed three primary reasons people struggle with money: culture, childhood conditioning, and psychological make-up. Some people don’t like talking about money because money has become a measure of societal worth or identity. We are bombarded...
