5 Ways To Rewire Your Brain

Published On: 05-Jul-2017

And in the bargain make yourself a smarter investor.

5 Ways To Rewire Your Brain

Warren Buffett states that "Investing is not a game where the guy with the 160 IQ beats the guy with 130 IQ". Instead, what gets people into trouble is their temperament and making the wrong decisions.Yet, once you are aware of it, you can actually control these biases which in turn can have a pretty big impact on your returns.

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01

Sunk Costs

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02

Anchoring

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03

Confirmation Bias

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04

Mental Accounting

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05

Framing Effect

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