Admittedly, the situation looks grim for Bitcoin (CRYPTO: BTC) right now. It's now down 46% over the past four months and currently trades for just $68,000. In order to hit a price of $150,000 this ...
Recency bias is the tendency for people to overweight new information or events, projecting them into the future while ignoring long-term evidence. This bias causes many investors to engage in ...
Last week, I introduced the idea of “dumb” in investing: the tendency for very smart people to do very dumb things with their portfolios. We looked at how emotions can override a well-thought-out plan ...
Buying after periods of strong performance (when valuations are higher and expected returns are now lower) and selling after periods of poor performance (when valuations are lower and expected returns ...