Archive for February, 2012
Virtual Detox of Your Portfolio
Posted on 11. Feb, 2012 by TheFreeInvestor.
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Though we would like to think that most of the time we are objective and rational investors, behavioral finance has shown that our brain is not so simple. If left unchecked, our conscious and subconscious biases derail us from rational investment analysis. One such illusion or bias is our tendency to anchor on the price we paid for a stock. […]