4min chapter

Excess Returns  cover image

Money Delusions: Barry Ritholtz on the Elusive Definition of Money and How Not to Invest It

Excess Returns

CHAPTER

Understanding Investment Behavior and Avoiding Common Pitfalls

This chapter explores survivorship bias in the investment world, revealing how some mutual funds seem successful while many others fail unnoticed. It stresses the need for humility and self-awareness among investors and introduces a new book that provides insights on avoiding common investment mistakes.

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