Charleston Financial Blog

Let's Be Reasonable

Posted by Myles Brandt on 7 October 2009

Tags:

Two hundred and eighty nine years ago Sir Isaac Newton exclaimed, "I can calculate the motion of heavenly bodies, but not the madness of people." Judging from the past year it would seem that nothing has changed.  It is important to be aware of the types of biases that affect our investment decisions so we can base our decisions on reason - not fear or greed.  The following video by Dimensional Fund Advisor's Scott Bosworth examines the biases and how they affect our decisions: http://www.dfaus.com/library/videos/behaviora/

 

Share |

Read the full post