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The Proof That Most Investors Are Their Own Worst Enemy

TedTed
edited June 2016 in The Bullpen
FYI: Investors are their own worst enemy. Forget trying to find the next hot trend or stock. It’s our built-in psychological biases that lead to bad decisions and ultimately drive our long-term financial success.

There’s no better indicator of this than the DALBAR Ratio—referred to by educator Carl Richards as the “Behavior Gap” and Morningstar as “Investor Returns.”
Regards,
Ted
http://www.forbes.com/sites/brianportnoy/2016/06/13/a-good-example-of-some-bad-decisions/print/
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