Ep 100: Hamish Douglass - The behaviours of great investors
Inside the Rope with David Clark
00:00
Are You Wedded to These Investment Ideas?
One of the traits that you called out there was this huristic of becoming wedded to something. And i think it was richard talor in his research that talked about when somebody owned mug versus not owning the mug, they assigned more value to it. So all of a sudden, when they were the owner of that mug, it might have been worth five dollars,. where they would have been prepared to pay two dollars if they didn't own it. Are there ways or tricks or processes that you've been able to put around yourself, or that you use to ensure that you don't fall into the trap of loving something verses? No, i'm right, and this will play out
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