One of the enduring concepts introduced by Daniel Kahneman in his book “Thinking, Fast and Slow” is “What you see is all there is”, our tendency to only process salient information.
TLDR: always read the small print
but what if the lowest fund fees crowd too many people in a weak idea they dont comprehend?
(like weighting investments on the size of the company as somehow a logical indication of future performance)
TLDR: always read the small print
but what if the lowest fund fees crowd too many people in a weak idea they dont comprehend?
(like weighting investments on the size of the company as somehow a logical indication of future performance)