There is a famous behavioural finance test. Imagine you have to choose between two investments: Investment A gives you a safe return of $10,000 Investment B has an 80% chance of giving you a return of $12,500 and a 20% chance of a return of $0. In this case, most investors would choose Investment A because they are
You can only learn so much from a book
You can only learn so much from a book
You can only learn so much from a book
There is a famous behavioural finance test. Imagine you have to choose between two investments: Investment A gives you a safe return of $10,000 Investment B has an 80% chance of giving you a return of $12,500 and a 20% chance of a return of $0. In this case, most investors would choose Investment A because they are