by Michael Carr | Jul 27, 2023 | anchoring, availability bias, Banyan Edge, cognitive bias, GameStop, herding, Investing, investing strategies, Recency, salience, Stocks
Last week, I wrote about the pain of losses. We have mathematical proof showing that painful feelings of losses cloud our decisions. If we overcome that fear of pain, we could achieve better results as traders. But shrinking from the pain of losses is just one way our...
by Michael Carr | Jul 6, 2023 | 2023 investing, Banyan Edge, investing strategies, Investment Opportunities, short-term investing, short-term strategies, trade room, Trading Strategies
Most long-term investors are content with making 10% a year, on average. They hope to do this for decades. Then, they’ll retire and enjoy their money. Sounds easy enough… But there are a few problems with this dream. One problem is most people simply don’t have enough...
