Emotions can cloud judgement when making investment decisions from "summary" of What I Learned About Investing from Darwin by Pulak Prasad
When it comes to making investment decisions, emotions can play a significant role in influencing our judgment. This is due to the fact that humans are inherently emotional beings, and these emotions can often override our rational thinking when it comes to financial matters. As Pulak Prasad points out in his book 'What I Learned About Investing from Darwin,' our emotions are deeply rooted in our evolutionary history, and can lead us to make decisions that are not necessarily in our best interests from a financial perspective. One of the key emotions that can cloud our judgment when it comes to investing is fear. Fear is a powerful emotion that is designed to protect us from danger, but when it comes to investing, it can lead us to make decisions based on panic rather than logic. For example, during a market downturn, fear can cause investors to sell off their assets at a lo...Similar Posts
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