In my last post I mused over Forecasts and those guys who come up with them. In my little research I came across so many noteworthy facts and statements on that subject that I decided to collate them in a…
Irrationally wanting things to stay the same, also called inertia. We do this in part because we want to avoid costs, even when they’re offset by a larger gain, a process psychologists call “Loss aversion”. You hold onto a mutual fund…