Marius, thank you for yet another insightful post!
It's crucial for everyone, whether an investor or not, to recognize the presence of cognitive biases. More importantly, we must have the honesty to acknowledge when these biases influence our decisions. However, our egos and pride often lead us to ignore the facts, allowing us to continue on our paths unchanged. Perhaps this is why the saying goes, 'History may not repeat itself, but it often rhymes.'
I appreciate the link to Charlie's speech—undoubtedly, he was one of the brightest minds of our time. Lastly, with your example about BTC, you might have kicked the hornet's nest! Lol
Marius, thank you for yet another insightful post!
It's crucial for everyone, whether an investor or not, to recognize the presence of cognitive biases. More importantly, we must have the honesty to acknowledge when these biases influence our decisions. However, our egos and pride often lead us to ignore the facts, allowing us to continue on our paths unchanged. Perhaps this is why the saying goes, 'History may not repeat itself, but it often rhymes.'
I appreciate the link to Charlie's speech—undoubtedly, he was one of the brightest minds of our time. Lastly, with your example about BTC, you might have kicked the hornet's nest! Lol
I look forward to speaking with you tomorrow.
Thank you for your thoughtful input, Pavel!
Looking forward to talk with you as well.
Thanks for the article, very helpful.
You are welcome, Abel! Thanks for your input.