Danny Kahneman type risk policies for investors
Investor psychology can cause a security to be priced just about anywhere in the short run, regardless of its fundamentals
conviction
Self reliance at the heart of successful investing
If you always look to others for confirmation that you are right you will never be self-reliant.
The frailty of high conviction ideas
We need to have full confidence in our judgement about a company if we are to make a serious financial commitment to it. But, the strength of our belief that we are right has nothing to do with the validity of our judgement. And, if that sounds weird, blame it on behavioral psychology.
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