
Ep. 17: How To Avoid Mental Mistakes With Scott St. Clair
Investing With IBD
00:00
The Importance of Charts in Behavioral Finance
Too much information is not necessarily better. It leads to overconfidence, which is one of the main things in behavioral finance. The best thing you can do is just let the stock do its thing. There are clear rules where you know when you're wrong and when you have a good idea that this stock has a chance. But as humans, our behavior can sabotage that,. We can talk ourselves out of these really good stocks because we're afraid of losing it.
Transcript
Play full episode