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You're not a reasonable person, you might be rational. But is the market rational? Not even close. So, does it pay to be reasonable or rational? Housel says it's the former - be reasonable my friend. That'll help you more than anything in these volatile markets. Investing is more to do with psychology even if finances is purely mathematical. When stuff hits the fan, you won't be rational, looking at spreadsheets and charts. You'll be worried about your future and blame your past. This is a podcast on how to deal with finance reasonably even if it's not rational.
If there's any way I can improve, let me know.
Buy the book here: https://amzn.to/3ERgi6j (Affiliate link)
Check out my Twitter: https://twitter.com/Aakash_Tries
---
Aakash
#books
#investing #personalfinance
You're not a reasonable person, you might be rational. But is the market rational? Not even close. So, does it pay to be reasonable or rational? Housel says it's the former - be reasonable my friend. That'll help you more than anything in these volatile markets. Investing is more to do with psychology even if finances is purely mathematical. When stuff hits the fan, you won't be rational, looking at spreadsheets and charts. You'll be worried about your future and blame your past. This is a podcast on how to deal with finance reasonably even if it's not rational.
If there's any way I can improve, let me know.
Buy the book here: https://amzn.to/3ERgi6j (Affiliate link)
Check out my Twitter: https://twitter.com/Aakash_Tries
---
Aakash
#books
#investing #personalfinance