Never Let Human Emotions Determine Investing Practices Don’t Let the Past Determine the Future

The Need to be Included Leads to Many Things

by
“Humans have a strong desire to be part of a group,” says Legg Mason equity strategist Michael Mauboussin in a 2004 research paper that dissects how investors make decisions. “That desire makes us susceptible to fads, fashions and idea contagions.”
Source: http://www.valueinvestorinsight.com/