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Sarah Stanley Fallaw - The Psychology of the Millionaire Next Door | #481

The Meb Faber Show - Better Investing

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The Stable Characteristics of Investing

The state piece is sort of how we are feeling right now, right? So how do I feel today about investing? And that does tend to change depending on what's happening in the environment. But at the same time, that stable characteristic, we just talked about that volatility composure, some others call it the emotional side of investing or neuroticism is another personality term for it. That does indicate kind of how often a client might feel those negative emotions, right? If everyone's sort of worried about investing today, the clients that are scoring low on that volatility composure,. they're even more worried than your average client.

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