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Have you had any successes or failure while trying to apply that to your investing strategies so far? Any particular cognitive bias you're focusing on mitigati
by ersii 10y ago
Have you had any successes or failure while trying to apply that to your investing strategies so far?
Any particular cognitive bias you're focusing on mitigating?
- WalterBright 10y agoI struggle with the loss aversion bias. Because even in a good year I've done worse than the indices, I've swallowed my pride and shifted much further towards buy-and-hold in indexes. It's only been a year, so no really valid results yet. A successful strategy I've used for a long time is to hold my winners instead of selling them to "lock in" the profits.