We often feel regret when we can clearly envision the alternative paths we didn't take and decide those paths would have been better than the one we ultimately chose.

It's particularly easy to see the alternatives after the fact when you are an investor. Winning investments always find their way to the center of attention of financial media, social media, and social interactions.

Investing is also highly quantifiable, which can lead us to believe there's always an objectively optimal decision out there. Knowing that there's an optimal choice as well as the opportunity for things to go wrong leads many investors to put a lot of pressure on themselves.

In this episode, Peter explains where regret comes from, why we experience it with our portfolio, and what to do about it.

Listen now and learn:

• Strategies to minimize regret in advance

• Common situations where feeling of regret are most likely to impact our investment decisions

• When a bad outcome is and isn't the result of a poor decision

Plus, Peter answers a listener question about whether the stock market is in a bubble.

Visit TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.