Investment Psychology: greed, fear

Investment Psychology: greed, fear

I’ve been putting together a presentation for a group of young professionals and I have been focusing a lot of the discussion around investment psychology. This illustration came up quite a bit and I think it demonstrates a problem with common investment philosophy. The statistics show us that people love to buy high and sell low, and Carl Richards’ book presents that really well with this picture. It was a reminder to me why good advice is so important to navigating today’s financial landscape.