2min chapter

Bogleheads On Investing Podcast cover image

Episode 056: Dr. Daniel Crosby on the behavioral investor, host Rick Ferri

Bogleheads On Investing Podcast

CHAPTER

The Affect Heuristic of Emotion

You talk about the tendency to confuse ease of recall with probability. The things that kill the average portfolio, as you know, are typically things like under diversification and excessive fees. There's just a host of ways in which emotion can color our views on markets. And we're just not really wired for that.

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