2min chapter

Maven Money Personal Finance Podcast cover image

275 - Megasode - The Greatest Hits

Maven Money Personal Finance Podcast

CHAPTER

Lifetime Investing Success Principle Number Six

No one can time the markets, identify in advance a winning sector or fund manager. Investing success has a little to do with investment returns and a lot to do with investor behavior. Every failed investing story will be linked to a behavioral bias. There's approximately 188 cognitive biases that psychologists and economists have now discovered. Even us as professionals need to be very much aware of them.

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