n Personal Finance Newsletter - Are you too greedy, stupid, and lazy? : investing

Volume 2005, Issue 301
  • ISSN :



Extracted from text ... Moneyweb's PERSONAL FINANCE December 2005 9 INVESTING Are you too greedy, stupid, and lazy? We make poor financial decisions because of our greed, fear, stupidity, and laziness. But as is the case with alcoholics, the first step to recovery is recognising that you have a problem By ERIKA VAN DER MERWE IT seems there is no nice way to say this. Decisions made by humans are flawed by wrong assumptions, inadequate information, prejudices, and a long list of emotions and qualities that, crudely put, come down to greed, fear, stupidity and laziness. So what, you may well ask. The trouble ..

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