Go Read!

I have to be out of the office between now and early next week.  In the meantime go take a look at this great infographic over at the website Visual Capitalist.  "The 6 Biggest Mistakes Ordinary Investors Make" does a pretty decent job of explaining much of how behavioral finance is being applied to the investment business.  Here are the three on this list that I think are the most important and they are listed in the order they are presented on the chart not in the order I think they might be in terms of importance.

1.  Seeking confirmation of your own beliefs.

2.  Conflating recent events with ongoing trends.

3.  Our brains are wired to bombard us with memories of negative experiences.

At any rate go view the whole presentation to see the others and the solutions to combating the way our brain works against us.  By-the-way this list works in other parts of our lives as well, especially in politics.

Back Tuesday.