53 books
—
29 voters
Behavioral Economics
219 books
—
351 voters
“
There are at least three significant reasons we resist contemplating our personal financial goals: it can be stress-inducing, we dislike numbers, it is socially taboo, and we are slaves to “right now.
”
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
“
The behavior gap is why the average investor meaningfully underperforms the average returns for asset classes over time. Yet, many can’t resist the temptation of irrational behavior during nerve-racking volatility and irrational exuberance.
”
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
― Personal Benchmark: Integrating Behavioral Finance and Investment Management
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