Saved by Kat Fergerson
Bumped: The Effects of Stock Ownership on Individual Spending
Once a person owns something, that thing becomes more valuable to the person than it was before they owned it. This is called the endowment effect
Chris Goward • You Should Test That: Conversion Optimization for More Leads, Sales and Profit or The Art and Science of Optimized Marketing
Let me suggest that you love your investments. This is not traditional advice. It’s almost a badge of honor for investors to claim they’re emotionless about their investments, because it seems rational. But if lacking emotions about your strategy or the stocks you own increases the odds you’ll walk away from them when they become difficult, what lo
... See moreMorgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Behavior follows market prices, unfortunately. Like fanatics with their sports teams, we prefer winning stocks to losing stocks. Winning stocks are rising. Losing stocks are not. And when the market is winning , excitement grows.