Don’t let anchoring weigh you down

18 October 2016

 

An insight from AMP Capital We all have good and bad experiences that shape how we think and how we tackle particular problems. This is particularly relevant when it comes to investing. We might have a good experience buying a particular stock or asset that colours our view when assessing a similar transaction in future. These emotions are sometimes described by psychologists “as ‘anchoring’ - a mental shortcut in which...

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