Sensible Investing Logo
Subscribe

The big questions

  • Description
  • Share

Why evolution has made us bad investors

April 30, 2013
Share your comment
2804 views

Financial author and theorist William Bernstein on why humans just aren't cut out to be good investors. Our emotions and instincts are invaluable if we are faced with a fierce tiger, but not at all helpful when it comes to making the best investment decisions. Most people don't understand that changes in financial information are random and can't be predicted, a misconception that invariably leads us to do the wrong thing at the wrong time. 

Share this

Please share this content using any of the share buttons below. Please see this page for guidelines on embedding videos and other content in your own website or online marketing.

Share your comment

* Required
Name *
Email Address
Share your comment *
Privacy Policy
Submit