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Showing posts from October, 2017

REPOST: Don’t let emotions cloud your investing decisions

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Behavioral biases can be dangerous when it comes to investing. Making decisions based on emotions can often lead to serious losses. Read up the article below from CNBC for more insights: One of Warren Buffett's most quoted axioms urges investors to "be fearful when others are greedy and greedy when others are fearful." Buffett's observation highlights the role emotions play in many investment decisions, as well as the way an unemotional investor can profit. But there's more to emotion in investing than fear and greed. AfricaImages | Getty Images There are more than 100 behavioral biases that can undercut effective investment decision-making Researchers have identified more than 100 behavioral biases that can undercut effective investment decision-making, according to Michael Pompian, founder and partner at Sunpointe Investments and author of "Behavioral Finance and Wealth Management: How to Build Optimal Portfolios That Account for Investor B