Four lessons for all investors taken from a Joel Greenblatt experiment.
Agreed. The discipline to go against instinctive behaviour when investing is very difficult.
Analyzing psychological traits hive helped my account more than much of the market analysis.
Point 4 "Many self-managed investors bought more after good periods of performance." is a really hard habit to re-wire your brain against doing.
Agreed. The discipline to go against instinctive behaviour when investing is very difficult.
Analyzing psychological traits hive helped my account more than much of the market analysis.
Point 4 "Many self-managed investors bought more after good periods of performance." is a really hard habit to re-wire your brain against doing.