Markets Never Forget (But People Do): How Your Memory Is Costing You Money-and Why This Time Isn't Different
By Lara Hoffmans
Sir John Templeton, mythical investor, was once recognized for announcing, "The 4 most deadly phrases in making an investment are, 'This time it truly is different.'" He knew that notwithstanding heritage does not repeat, now not precisely, background is a superb advisor for traders.
In Markets always remember yet humans Do: How Your reminiscence Is Costing your cash and Why This Time isn't really Different, long-time Forbes columnist, CEO of Fisher Investments, and 4-time big apple instances bestselling writer Ken Fisher indicates how and why traders' stories fail them—and how high priced that may be. extra vital, he indicates steps traders can take to start lowering blunders they again and again make. The earlier isn't indicative of the longer term, yet historical past may be one strong consultant in shaping ahead having a look expectancies. Readers can the way to see the realm extra clearly—and discover ways to make fewer errors—by knowing just a little of making an investment past.