5 Behavioral Biases That Can Impact Investing Decisions

by businessinsider.com posted 5months ago 24 views
Summary List PlacementImagine you find $100 on the street. Would you spend it on an expensive meal? Or would you invest it? The answer lies with behavioral finance, which examines how our brain affects how we manage and invest money. It may not come as a surprise, but most people would be likely to spend that windfall, even if they're more prudent with their salary. That's to say, they'd likely spend the $100 instead of investing it. Why is that? What is behavioral bias in finance?

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